Another Performance Shocker, Does the Board care?, page-2

No one will save you other than yourself. Just do what I did and sell and go into another LIC. There is no upside here. The CIO is an amateur with zero record of success.....anywhere, and those remaining are unable to demonstrate an instance of out performance.

They might be great guys, and my experiences with then over the years was positive, but they just aren't any good at what they are paid to do. Go to Acorn, BT, NAOS, Wilson- all miles better than these guys. This was good under the previous team.

Alternatively just wait a year or two until the manager closes down and the mandate is awarded to someone else

NB- this month was not a "shocker". -1% to a positive return index relative isn't shocking. However it shows their positions did not bounce post earnings season so suggests there might not be much upside in them ahead. As for does the Board care? I would imagine they care very much, This is why they rolled the previous one, put one in that protects the interests of the CAM manager, and fired the better performer in OC. Oh, you mean do they care about Shareholders? Silly me. No, of course not