AFI australian foundation investment company limited

why do funds underperform the index, page-5

  1. 477 Posts.
    Yes, I suppose so. Indeed many of the bigger LICs (AFI, ARG, MLT) are virtually index funds but with even lower fees: AFI's MER was 0.13% last financial year, ARG's was 0.12%, and MLT's was 0.13%. Compare this to STW, which charges 0.286% pa, or the Vanguard ASX300 fund at 0.75% pa +0.2% buy spread.
 
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Last
$7.49
Change
-0.060(0.79%)
Mkt cap ! $9.392B
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$7.53 $7.53 $7.47 $2.014M 268.8K

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No. Vol. Price($)
10 20594 $7.48
 

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Price($) Vol. No.
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