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Submitted by Devil's advocate on Tue, 10/25/2022 - 12:41

What a financially illiterate article by the author. It has always been common sense not to chase the best performing fund for the previous year as it will end in disappointment. Buy sell costs and capital losses that cannot be carried forward have been omitted. The introduction of MySuper performance tests is absurd and the problem with it is that investors are ill informed.

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