A fund-of-funds will tend to be pretty average by definition, surely - and will mostly come down to the allocation between various strategies. I'd say the lower volatility, ability for them to tune the overall market exposure, plus opportunities to buy at a discount would be the main reason to buy this over an ETF. A pretty solid core holding for those reasons as long as you never buy at a premium, but I don't think you can expect sustained above-average performance with so many underlying fund managers. One or two outperformers will be offset by any going through a poor patch.
Ann: Investment Update & NTA January 2019, page-5
-
- 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 FGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.25 |
Change
0.010(0.81%) |
Mkt cap ! $518.3M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.25 | $1.23 | $510.8K | 411.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95645 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 10000 | 1 |
View Market Depth
| Last trade - 15.47pm 22/11/2024 (20 minute delay) ? |
| FGX (ASX) Chart |
