Management fees
Invesco offers class A entry – which allows investors to enter with a lower investment amount – at the annual management fee of 1.4% and latest ongoing charge at 1.71%. The charges for the comparable share class of the Threadneedle fund (Class 1) are 1.5% and 1.63% respectively.
Ng said that the fees of both funds are within the market range.
Conclusion
Taking both a short-term and a long-term view, Ng said that Invesco fares better. “The Invesco fund’s stock selection process has allowed it to consistently deliver strong risk-adjusted performance in both rising and falling markets,” according to Ng.
“Looking at FE crown ratings for both strategies, the Threadneedle fund is rated one crown while the Invesco fund is rated two crowns. This shows our conviction in Invesco’s strategy both in the short and long term,” Ng noted.
