Chainsaw
If that actually IS the case then there's serious doubts in my mind about the present structure and controls of the fund that would/could allow this potential outcome.
And if there are deficiencies in the processes/controls/procedures of the management of the fund, then obviously the trustees don't know a thing about risk management, or are turning a blind-eye to it!
And if that's the case rmcdonal, then the man on the Clapham Omnibus would probably have no other alternative but to suppport Mr Makin's case for a NO vote.
So the trustees have found a problem and are trying to fix it and your suggestion is to vote against rather then in favour?
