The FSA Spy market buzz – 3 May 2024
Catholic principles investment, Brown Advisory and ESG, Robotics and automation fun, China’s little bounce, Frontier investing excitement, Zero downside in wonderland, Bambu’s demise and much more.
Ongoing charges for both funds are on par with the median for the industry which is 1.96%,according to Morningstar. The Fidelity fund charges 1.97% and First State 1.94%.
“They are not considered expensive,” said Laidlaw. In addition to the Ireland-domiciled fund, First State offers a Singapore-domiciled unit trust, which carries a lower charge of 1.83%.
“You can debate the merits of the 2% fee for a single-country fund, with the ongoing active-vs-passive argument,” said Laidlaw, “but both managers have delivered excess returns for their investors over time.”
Catholic principles investment, Brown Advisory and ESG, Robotics and automation fun, China’s little bounce, Frontier investing excitement, Zero downside in wonderland, Bambu’s demise and much more.
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