They have mastered many important aspects of shareholder communication that is for sure.
Some on this thread have mentioned why they can not regularly display their performance figures after fees. To me that seems like a fair question. A LIC that strives for great shareholder communication for some reason finds this difficult?
Another aspect on communication I found disappointing is that the WAR performance fee structure did not appear anywhere in the shareholder presentation. Obviously it is in the prospectus (because it has to be). The replay of the webinar that went for nearly an hour I think I never heard the fee structure discussed. Is this the fee structure you charge your "family" as they put it? WAR will end up owning a lot of the LICs transferred from other Wilson vehicles but in an entity (WAR) with a different fee structure. The questions from participants also not one question about fee structure let's just say I found that surprising.
WAM Price at posting:
$2.34 Sentiment: Sell Disclosure: Not Held
(20min delay)