Normal
I'll close this out with a final FY update.FY14/15 return was 47.1% before tax 42% after tax although the difference between these two number to a large extent won’t be paid to the ATO any time soon as a lot of it stays in the fund as deferred tax liability until long term positions are sold.This is what the performance statistics of the closed trades looks like for this fund this year. Each individual parcel is counted as a trade. So the 162 trades is indicating more the multiple parcels nature of entries and exits rather than a high turnover of the portfolio.[ATTACH]63257[/ATTACH]
I'll close this out with a final FY update.
FY14/15 return was 47.1% before tax 42% after tax although the difference between these two number to a large extent won’t be paid to the ATO any time soon as a lot of it stays in the fund as deferred tax liability until long term positions are sold.
This is what the performance statistics of the closed trades looks like for this fund this year. Each individual parcel is counted as a trade. So the 162 trades is indicating more the multiple parcels nature of entries and exits rather than a high turnover of the portfolio.
[ATTACH]63257[/ATTACH]
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