@Tinwins. I too had CAM some years ago and sold at .96. I dont...

@Tinwins. I too had CAM some years ago and sold at .96. I dont think they have ever been as high again. I sold because at that time, they just seemed to be an index hugger and none of their stock picks seemed to be “adventurous” or contrary. On that basis, I couldnt see them outperforming the pack. Since that time, I think they have followed the example of Cadence, where they have diversified into international stocks as well. I know that John Abernathy is fairly conservative and not a risk taker, so perhaps CAMs returns were somewhat restricted because of that. We are talking about perhaps 3 years ago. I just looked up their latest returns and they did almost 16% last year and have just announced a 1 for 40 bonus issue, so it might be a case of just being misunderstood ! Personally, am happy not to be with CAM, but thats only because I like the managers to have a bit of “zing” in their approach and not be afraid to take a contrary approach. Eg. CVF, GC1, LSF and to a lesser and more conservative degree, the Cadence pick with Macquarie Bank at something like $17 ?