A: Thanks for the question on WAM Global Ltd.

Geoff Wilson and his team have a fantastic track record when it comes to Australia. The question is – can they apply a similar investment thesis and compete in a world market? What experience have they had investing offshore?

Only time will tell.

There are also advantages and disadvantages with a LIC structure.

Fees are within the market range but on the high side:

• Management fee of 1.25% plus GST
• Performance fee: 20% of the outperformance plus GST
• Fees incurred directly by the LIC for transaction costs, custodian fees, website etc

Hope this helps