Please Explain, page-43

Garrye, same ! same ! Agree absolutely and am in the same boat as you. I can handle that they have one bad year.... reappraise the way they are making the investment decisions and revise their procedure. But to have this poor a track record over the last years without changing anything.......... and to continue to hold out their hands for management fees, it makes you wonder how they continue to justify their commission, let alone believe that they are going to attract new investors !