You need to look back, nothing recent. I think they have slowly realised it's pretty hard to justify deceptive performance figures. At the end of the day, when put to them, none could explain how their performance figures are calculated.
I have nothing against Wilson. I think they are a good manager... just don't like their old school deceptive practices. They outwardly try to focus on performance figures which don't reflect what the investor obtains.
It's not just posting pre-fee performance figures. It's the continual shift between NTA performance or share price, depending on which one is more flattering.
And, as stated, their concerted effort to confuse everyone around franking credits... not enough can be said about such a conflicted argument based on protecting their investor base.
They are a good manager. Does any of their funds merit a premium... absolutely not.
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