IMA's Saunders: Why 'trading costs' campaign is misguided

Investment Week | 27 Jan 2012

Here's a New Year puzzle for you. Fund A has annual charges of 1.5%, and in addition incurs annual trading costs in its portfolio of 0.2%. Fund B also has charges of 1.5% a year, but its trading costs are 0.4% a year. Which is better value for money?

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