Investors' constant battle

Intelligent Investor

Independent Financial Research

The F word is the dirtiest word in finance. The F word = fees. Investors want to pay as little as possible and managers are constantly battling to justify them. It’s a delicate subject. A typical listed investment company (LIC) might charge a management fee of around 1%, while for an exchange traded fund (ETF) the fee might be a fraction of that. Pretty reasonable isn’t it? The managers are putting their years of experience to work for a measly 1%, while you try forget the market exists. As John Addis explained last week, though, you need to think of the fee as a portion of your return, not of your investment, which bumps it up to more than 20%. (VIEW LINK)


Intelligent Investor
Independent Financial Research

Intelligent Investor is an independent financial research service with a 14-year history of beating the market. Our value investing approach empowers Australians to make more informed decisions to build their long-term wealth. We off structural...

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