Are funds driven by share price growth or ...... are they more driven by dividend distributions?
I ask this questions as retail is being replaced more and more with Baytex as price goes up.
It seems funds take out retail regardless of price if they see juicy dividend payouts currently or in the near future.
Maybe I'm presenting a simplistic view.
Does anyone have insight into how funds make investment decisions ... share price or payout potential over an extended period upcoming.