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I had a look (my mistake) at WAM. I see the claim is it returned 16.4% since inception and compared that return to the ASX All Ords Accumulation Index. Seems it is done that way as the ASX Accumulation does not take taxes and fees into account so the reported return is also before fees and taxes. Seems fair enough apart from the fact the ASX Accumulation Index doesn't take 8% in fees from revenue income.If anybody wishes to invest in the GW products on offer do so by all means and I hope it works for them. Not sure if some understand how much they are paying to get that dividend.I'll stick with the plodders LICs I hold and the smaller MIR along with the two ETFs. Probably the worse thing an investor can do is fiddle with their holdings looking for that edge. Broad based, low-cost diversified holdings work well. Keep buying no matter the circumstances and allow time and compounding to do their work.
I had a look (my mistake) at WAM. I see the claim is it returned 16.4% since inception and compared that return to the ASX All Ords Accumulation Index. Seems it is done that way as the ASX Accumulation does not take taxes and fees into account so the reported return is also before fees and taxes. Seems fair enough apart from the fact the ASX Accumulation Index doesn't take 8% in fees from revenue income.
If anybody wishes to invest in the GW products on offer do so by all means and I hope it works for them. Not sure if some understand how much they are paying to get that dividend.
I'll stick with the plodders LICs I hold and the smaller MIR along with the two ETFs. Probably the worse thing an investor can do is fiddle with their holdings looking for that edge. Broad based, low-cost diversified holdings work well. Keep buying no matter the circumstances and allow time and compounding to do their work.
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