"I don't mind paying more for performance." (jamber)
Please read "The Little Book of Common Sense Investing" by Vanguard founder John C. (Jack) Bogle.
The number of LIC managers or unlisted fund managers who can consistently outperform the market between now and my retirement is minute; the odds that I will correctly identify one of them prospectively is between zero and nil. In my view, there are no managers worth paying 1.25%pa for a hope of outperformance, when I can pay <0.3%pa for the "guaranteed mediocrity" of a trusty index fund.
other lics, page-26
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Last
$9.06 |
Change
0.070(0.78%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $9.00 | $9.09 | $8.96 | $1.049M | 115.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 494 | $9.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.08 | 1760 | 3 |
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| Last trade - 10.56am 25/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
