WGF 0.51% 97.0¢ watermark global leaders fund limited

A dividend! A loss of $2.2m after a startlingly bad investment...

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  1. 408 Posts.
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    A dividend!
    A loss of $2.2m after a startlingly bad investment performance.
    A change of investment manager!! Admittance of incompetence?
    A continuation of the buy-back that has failed to reduce the discount to asset backing.
    And highlighting of the ' fully hedged' strategy that has probably cost them a positive return.
    This is a flea of a fund with MC of about $70m.
    Just wind it up boys and get a real job.
 
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