Net Assets June 2021: $156,347,186
Net Assets June 2022: $144,522,882
Down 8%
And a 93 million dollar reduction in profit before tax. (64 million dollars after tax)
Yet Tribeca the fund manager took out 13.15 million in fees (perversely mostly performance fees!!) and there was another 4 million in other costs which seem to be escalating. This was already being run as a high cost fund and it's getting worse every time they pay for their yachts, reduce net assets, and then amp up the borrowing to make bigger 6 month gambles (who cares about the long term!) to collect more fees and buy more yachts!
TGF Total Expense Ratio, page-5
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Last
$1.58 |
Change
-0.005(0.32%) |
Mkt cap ! $124.0M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.58 | $1.57 | $256.3K | 163.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6280 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 2566 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TGF (ASX) Chart |