Fund fees are an emotive topic and many fund managers vigorously deny that they are ripping off investors, The Daily Telegraph writes. Yet there is a growing awareness among investors and advisers that many high–charging active funds disappoint.
For example, sales of index tracker funds (which levy the lowest fees) have reached record levels, while many fee–based financial advisers are recommending index investments such as exchange–traded funds (ETFs), also cheap, because they don't rely on the commission that comes with higher–charging actively managed funds.
What's more, two fund management companies have recently launched low–cost actively managed funds…
http://www.telegraph.co.uk/finance/personalfinance/investing/8583883/If-the-fund-cant-perform-dont-pay-the-fee.html
No comments:
Post a Comment