Fitz Partners: Switching to clean share classes could save investors up to 55%
Average OCF discount of 44%
CEO of Fitz Partners Hugues Gillibert
Investors in pre-RDR retail classes could be paying 55% more in fees than if they were invested in clean share classes, according to Fitz Partners.
The research firm's UK Fund Charges database revealed Baillie Gifford investors would benefit on average from a 55% discount on their Ongoing Charges Figure (OCF) and 56.5% reduction on management fees...
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