WDS 0.14% $28.21 woodside energy group ltd

Switch out to a new fund. Funds like Australian super whilst...

  1. 5,238 Posts.
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    Switch out to a new fund. Funds like Australian super whilst having some wokeness still invest in the energy space. It’s the lesser of the evils that goes on, plus their long term returns tend to be the highest. I’ve worked in funds management and seen what goes on. It’s appalling and equally concerning. They twist the rules and words around trustee duties of best financial interests saying somehow there opinions of climate change (by a few inner city latte sippers at the top) mean they can’t invest in it. Albeit the returns of energy has topped every other sector.

    Note here I am in a SMSF and not advocating any financial advice in relation to the above.
 
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