hi ub
i like your approach - i, like you, am not a fan of % of funds under management - if the fund value was 500k or 2m, if invested in the same manner, the fee charged for advice in most cases should be the same
2% of say 1m is a huge slice particularly if very passively managed
that being said, to your overall cost at 0.25% is very lean and an excellent result (don't answer this but i would presume your fund is quite a reasonable size)
as an indicative guide, i feel that 0.40% /500k is reasonable but this generally reduces significantly as the fund value increases (subject to investment styles)
cheers
mk
- Forums
- General
- frequency of paying tax and reporting
hi ubi like your approach - i, like you, am not a fan of % of...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)