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
$3.03 |
Change
0.000(0.00%) |
Mkt cap ! $1.885B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.04 | $3.01 | $1.198M | 395.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13185 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 33734 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$3.02 |
Change
0.000 ( 0.30 %) |
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| Open | High | Low | Volume | ||
| $3.03 | $3.03 | $3.01 | 55746 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| LSF (ASX) Chart |