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[sharechat] Re: Brokers picks

From:	"john" <cd-nz@wave.co.nz>
Date:	Mon, 16 Dec 2002 17:58:21 +1300

On average, the brokers picks are running at 1.4% return.

This may explain why my ( firm subsidized ) super scheme has ran at a loss for the last 2 years and only beaten inflation (after tax) once in the last 9. The members are currently paying $28000 per annum for this ,the last 2 years refusing to pay the increase in fee's they demanded.

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