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%.
Seems to me this is definitely not for you. I understand that...
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Last
$3.13 |
Change
0.000(0.00%) |
Mkt cap ! $1.948B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21973 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 41400 | 4 |
View Market Depth
| Last trade - 10.05am 28/05/2024 (20 minute delay) ? |
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Last
$3.12 |
Change
0.000 ( 0.32 %) |
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| Open | High | Low | Volume | ||
| $3.12 | $3.12 | $3.12 | 5000 | ||
| Last updated 10.16am 28/05/2024 ? | |||||
| LSF (ASX) Chart |
Day chart unavailable