ARG - Argo Investments

[Dona Ferentes]

I just want to make sure ARG is earning its fee;
if it can not historically match the index, why bother

well, it has the potential to exceed the index, which a vanilla ETF doesn't.

Fully franked dividend and possible CG discount are additional boosts

 

[Bellcose]

Indeed, and bought so i think worthwhile especially with NTA discount
Only regret is why buying yesterday and not today..but in the scale of things

When it comes to regret it's a feeling I have known well. I should mention ARG uses as its benchmark the ASX200 Accumulation Index not the S&P Global ASX 200/300 as per index funds. Investors obviously need to make their decisions in regard to which index they want to use.

 

[Bellcose]

possible CG discount are additional boosts

True. Unfortunately it can only be used in respect of dividends unlike ETF's where the CG (as per the annual AMIT statement) can offset any carried forward losses. And 50% of the CG is taxed at marginal rates.