Hilarious, today's chairman's address from ALF explicitly says:
"Watermark's business was built on successes investing in Australian shares and it is in the local market where we feel we have the best prospect of generating the elusive 'alpha' returns that all stock pickers strive for."
(https://www.asx.com.au/asxpdf/20181130/pdf/440tdhqf55v9bm.pdf)
What does that mean for WGF? Just wind it up.