QUOTE(wodenus @ Mar 12 2014, 08:39 PM)
But then you got to worry about the dividend, it's not a given that there will be a dividend even, or what the dividend will be. You do realize that a fixed price fund is still a unit trust fund right? you can deal with a variable dividend, but you can't deal with a variable price (which is actually, probably less volatile than the dividend?) 
That's just weird. Fixed-price funds have a management cost too, it's just buried in the dividend
To me, the ASX dividends have been better, reliable and consistent (vs most UTs). That's just weird. Fixed-price funds have a management cost too, it's just buried in the dividend
Yes, you are right, there is also management fee in the ASX (had a look at their annual report leaflet). But so far they have been delivering to the unit holders.
If I remember correctly, over the past 20 yrs, there was only 1 year where the FD rate was higher than the ASX (the financial crisis in 1998?).
Plot a graph of ASX dividends, FD rate and some common UT dividends and you will see the difference. It is not the best but more reliable.
Closing this at my end. Cheerio.
Mar 13 2014, 09:13 AM

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