Seems to me this is definitely not for you. I understand that paying for positive performance once they get above NAV is a unusual, but in reality for this kind of fund it is actually not. Frequently they will use cash or 90 day bills as a benchmark. Quibbling over little numbers.
Pure and simple. If they perform, they get paid. If they don't, they get fired.
You also have a choice. You bought into a fund in the knowledge that if they performed you had to pay for it.
Once again, if you don't want to pay for performance, buy an ETF. I think VAS only charges about 0.10%.
NTA into the $1.80s, page-23
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Last
$3.00 |
Change
0.020(0.67%) |
Mkt cap ! $1.854B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.00 | $2.98 | $861.9K | 287.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2252 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 36896 | 13 |
View Market Depth
| Last trade - 13.22pm 29/04/2024 (20 minute delay) ? |
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Last
$2.99 |
Change
0.020 ( 0.67 %) |
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| Open | High | Low | Volume | ||
| $2.98 | $3.00 | $2.98 | 8806 | ||
| Last updated 13.34pm 29/04/2024 ? | |||||
| LSF (ASX) Chart |