WAM 0.15% $1.61 wam capital limited

Annualised total return takes into account, and presumes...

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    Annualised total return takes into account, and presumes dividends are reinvested. It's the whole reason it is used - to mitigate against payout ratios.

    Besides, even if it didn't (which it does) the calculation would work against the index fund, which is a trust and must pay out all net income. Accordingly, WAM as a LIC isn't disadvantaged at all.
 
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