GMI 0.00% $1.02 global mining investments limited

I don't think the consensus is that the management fees are too...

  1. MJB
    50 Posts.
    I don't think the consensus is that the management fees are too high. Most of the latest batch of fees were paid for outperforming the benchmark (which is a resources-based benchmark). From memory the performance was 60ish% compared to the benchmark of 40ish%. The manager deserved its performance fee IMO (and all were winners), which from memory was not exorbitant by comparative standards as a peformance fee.
 
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