40% is only temporary and would be very beneficial if they are right about the small cap market currently. if the market tanks, they will
be laughing and buying stocks cheaper.
paying 1% management fee because I think they have some skills, but not over just a few months, and they aren't just an index fund.
people have been paying 1% p.a in WAM and WAX for many years but wouldn't be complaining about that .
Smallco are also holding approx 24% cash so it seems some people agree with WMI.
LIC myth, page-9
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XSO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3,123.0 |
Change
13.900(0.45%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,109.1 | 3,131.6 | 3,109.1 |
| XSO (ASX) Chart |
