ahh yes you are. My industry fund has a minimum of 1 unit, there is no box on the form to pick 0 units. I will call tomorrow to double check.
As for complaining about the share price, thats not the point I am trying to make. Super funds are there to make money, not to lose it. If they lend to hedge funds, I expect them to lend them at standard bank rates or margin loan rates. Thats 7% or 10%, if not it not worth the risk for my hard earned super. Just remember the unit price of your super fund is your money, they have no business lending it out as shares at any rate below standard business rates.
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take it like a man i say to hedge funds, page-9
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