to be brutally honest, even the best and highest paid fund...

to be brutally honest, even the best and highest paid fund manager can’t beat the index over a 5 year period. google it, stats prove it. I’ve worked in the industry, id argue it’s more of a sales job than actual investing skill.

when the market was -25% to -38% a lot of insane bargains existed. Liquidity also drives it. Now it’s settled, but banks are at a discount to book. I’m positive it’ll rebound.

whilst we have LICs, I’m not a big fan unless they are super cheap. They traditionally underperform the ETF you mentioned. Notwithstanding have a massive Argo holding. Purely legacy, CGT issues and ultra diversification - wealth preservation.

to be fair running low on funds and now we will be missing out on large bank dividends in July. Could always leverage properties to get more shares but I don’t see it cheap enough to take that risk.