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...
Add LSF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.02 |
Change
0.000(0.00%) |
Mkt cap ! $1.879B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.03 | $3.00 | $1.210M | 402.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2943 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 53163 | 3 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.02 |
Change
0.000 ( 0.33 %) |
||||
| Open | High | Low | Volume | ||
| $3.01 | $3.02 | $3.00 | 95955 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| LSF (ASX) Chart |