Research provider Fitz Partners has analysed the ongoing charges figures (OCFs) on European products offering 'twin' share classes that charge performance fees, and found these work out cheaper for the investor than the original share class without a performance fee.
The group analysed so-called 'twin' share classes offered on the same European investment products, which are identical in every way apart from the level of management and performance fees charged. ...
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash
Moving from two existing locations