Read some criticism lately of WAM reporting their returns BEFORE fees. I've just gone through the WGB 2019 Financial Report and it does likewise. Worryingly, the Management Fee per share is quoted as 2.9 cents, in addition to the "Company related expenses" of 1.3c per share. This is a total expense of 1.91%. Too high for me - the Betashares Global Quality Leaders ETF (QLTY) has a fee of 0.41%. Not hard to see why closed end LIC's are struggling across the board, which much of the money appearing to head to more cost effective ETF's.
- Forums
- ASX - By Stock
- WGB Fees Not Transparent
Read some criticism lately of WAM reporting their returns BEFORE...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WGB (ASX) to my watchlist
|
|||||
Last
$2.25 |
Change
0.010(0.45%) |
Mkt cap ! $795.7M |
Open | High | Low | Value | Volume |
$2.25 | $2.25 | $2.25 | $430.7K | 191.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30500 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 87177 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 58300 | 2.250 |
7 | 205027 | 2.240 |
5 | 120421 | 2.230 |
4 | 165938 | 2.220 |
2 | 30900 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.240 | 26000 | 3 |
2.250 | 165440 | 2 |
2.260 | 87177 | 4 |
2.270 | 26470 | 3 |
2.280 | 27661 | 5 |
Last trade - 10.09am 01/08/2024 (20 minute delay) ? |
Featured News
WGB (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online