The naked truth about Diversified United Investment (DUI)

LMI: Diversified United Investment Limited(DUI) Investing Recommendation: From Mar 2009 to Mar 2019, DUI's NTA outperformed VAS by 2.05% annualised. Given its exceptionally low Total Expense Ratio...

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The naked truth about PM Capital Asian Opportunities Fund (PAF)

LMI: PM Capital Asian Opportunities Fund (PAF) Investing Recommendation: From May 2014 to Mar 2019, PAF's NTA underperformed AAXJ by 7.23% annualised. Thus, its TSR has only been 3.44% over this...

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Ellerston Asia Growth Fund vs EAI - The case of the disappearing returns

Summary: Many LMIs have unlisted equivalent funds where the portfolio of both is virtually identical. This can be useful for tracking LMI returns but occasionally produces interesting anomalies. In this...

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