Dombat - if I may:
With regard to the fixed interest component - you can place funds into fixed interest where you want just as easy as any advisor but for no cost at all - Not much point paying anyone a % of funds under management if they're not doing anything
1% is not cheap
A fund worth say 500k with a mix of shares, managed funds and fixed interest can easily be administered competently for 2k - 3k (mind you, that charge should be the same if the fund was worth 2m - ie costs are generally governed by complexity and or number of investments / transactions)
Cheers
MK
- Forums
- General
- daryl dixon
Dombat - if I may:With regard to the fixed interest component -...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)