The FSA Spy market buzz – 26 July 2024
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The fees for the clean share classes on each of the two funds are not too expensive.
The ongoing charges figure (OCF) for the Allianz fund is 1.85%, and the fees charged for the JP Morgan product are at 1.75%. The median OCF for APAC equity funds available for sale in Singapore is 1.93%, according to FE Fundinfo.
“The fee charged by the Allianz fund is more expensive than the JP Morgan fund, but still well below the category medium,” said Liang.
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