The FSA Spy market buzz – 22 March 2024
AllianzGI on China stewardship, Death of the mutual fund, W’s top financial centres, Schroders on Japan, Swiss cuts and Japanese hikes, Reddit, Book wisdom and more.
The ongoing charges (OCF) for both funds are in line with the market, according to Ng, with the JP Morgan fund’s fee slightly higher, at 1.79%, compared to Invesco’s 1.65%, for the primary share class. Of the 18 funds in the category for which OCF data are available in FE, the median is 1.69, which places the Invesco fund in the middle of the pack and the JP Morgan above it.
“The difference in fees is not a key factor that would impact an investor’s decision,” Ng said.
AllianzGI on China stewardship, Death of the mutual fund, W’s top financial centres, Schroders on Japan, Swiss cuts and Japanese hikes, Reddit, Book wisdom and more.
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