This is a fund should should take any performance fee for years. Not until they can arrest the decline.
How long does the HWM stand for? I know for most unlisted funds every investor has a different HWM based on their application price but this cant be the case for closed funds
I can see WAM is approaching its highest peak so as an investor in an LIC, why buy if WAM moves closer to the blue line knowing the fund will again be subject to performance fees? Would investing below the HWM create a 'free ride' as your getting exposure to an actively managed fund that wont be deducted performances fees?
This is a fund should should take any performance fee for years....
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Last
$1.49 |
Change
0.000(0.00%) |
Mkt cap ! $1.638B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.48 | $1.053M | 709.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11971 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 47922 | 2 |
View Market Depth
| Last trade - 15.09pm 30/04/2024 (20 minute delay) ? |
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Last
$1.49 |
Change
0.000 ( 0.36 %) |
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| Open | High | Low | Volume | ||
| $1.49 | $1.49 | $1.48 | 471676 | ||
| Last updated 15.29pm 30/04/2024 ? | |||||
| WAM (ASX) Chart |