In today's market where increasing attention is being paid to fair value when buying funds, it's hard to believe there remain index tracking funds which feature annual management charges of 1% and above. What's even harder to believe is that there remain passive funds in the market that are priced as expensively as the most expensive actively managed portfolio - with 5.5% initial charges and AMCs of 1.5%.
To continue reading this article...
Join Investment Week today
Free for those involved in advising, managing and/or analysing investments or £1 per day for professionals outside of these roles.
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
