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Why is WAM Capital (ASX:WAM) underperforming the ASX 200 in 2021?

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WAM Capital Ltd (ASX: WAM) has long been one of the most prominent Listed Investment Companies (LICs) on the ASX boards.

One reason would be its monstrous size, with a market capitalisation of almost $2 billion. But since its inception in 1999, WAM…



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