Summary: The vast majority of LMIs only publish their Management and Performance fees but never their Total Expense Ratios (TER). The dirty secret is that for many LMIs the TER is 2-3% without performance fees and 3-8% when performance fees apply. And for LMIs with net assets below $100m the TER gets...
Wednesday, 5 May 2021
Friday, 2 August 2019
Is Duxton Water (D2O) a worthwhile long-term investment?
LMI: Duxton Water (D2O)
Investing Recommendation: Long-term buy. Secular trends toward lower growth, high debt and central bank-supressed interest rates mean that opportunities for worthwhile, lower-risk returns are much more limited. Duxton Water offers one of the few ASX-listed pure, real asset diversification...