Yes I agree the high watermark feature itself is a positive. I just don't agree with funds basing the high watermark calculation on any positive absolute return. I prefer it based on positive outperformance over a fair benchmark chosen.
AN1 CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch
Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks
