@jace.h
Completely understand what you're saying - if i thought FOR was going to deliver me a post-fees 20% p.a. pre-tax return for the next 5 years, i'd be busily buying more rather than thinking about reducing my holding.
I just think maintaining high teens (or 20%) p.a. for a decade, which is roughly double the expected return from the index, is extraordinarily tough to do!
Ann: Daily NAV, page-4
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