Last month, the Financial Conduct Authority launched an investigation into fund costs. But what does the industry think are the biggest issues for investors when it comes to fund costs?
Oliver Kettlewell senior investment research analyst, Morningstar More comparison Fund fees are often overlooked by an investment community preoccupied with the fund manager, and his or her past performance. However, a fund’s ongoing charge is one of the best indicators of a fund’s future performance. Below-average costs give a fund manager an automatic head start over peers by lowering the hurdle a manager has to overcome to beat the benchmark. It pays to shop around for cheap funds. The search for cost-conscious investors has been made easier with KIID...
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