As you say, each to his own.
two charts below: 1) WMI vs VSO since WMI listing July 2017
2) OPH vs VSO since OPH listing Dec 19th 2018 (2 days before the XSO low)
Timing is everything. OPH listed 2 days before the recent lows and has had the benefit of buying into a rising market. WMI meanwhile, went 40% cash at that point. I still think that LIC's, although they give you exposure to a good fund manager, leaves you open to underperformance if the fund decides to go too heavily into cash.
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Last
3,138.7 |
Change
4.000(0.13%) |
Mkt cap ! n/a |
Open | High | Low |
3,134.7 | 3,138.7 | 3,121.9 |
XSO (ASX) Chart |
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Steven Gourlay, Managing Director and CEO
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