Shareholders who read this might be fooled to think that Watermark are actually mature and sensible managers. Then ,when you read the performance of the four funds/companies/trusts, you realize that these 'guys' are just hopeless!!
I think that this is an understatement. WOW, could any ' manager' seriously achieve such a pathetic 'return' with an adult in control? Try the dart board technique as it couldn't be worse than your stock selection. Am I being too kind?
WGF Price at posting:
89.5¢ Sentiment: Sell Disclosure: Held