AEF 0.00% $4.14 australian ethical investment limited

I'm not sure why everyone is so happy about the result. PCG are...

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    I'm not sure why everyone is so happy about the result. PCG are generating $10m profit off a similar FUM base ($3.1bn vs $2.7bn). Business structure is similar (in house management) but AEF's costs are out of control. Surely ethics are not costing that much each year.
 
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