I think all fund manager same pattern.
They show you gooding prospectus then they go play golf, live the high life.
End of the year, they cash out monies from that pool of fund to continue funding their high life the following year because the ant words printed at the very bottom end of the prospectus allow them to do so.
As long as there is still monies in the fund, they can continue to live their high life. And you wondering why my fund losing monies every year.

This post has been edited by ListenToTheWind: Dec 3 2023, 09:46 AM