The FSA Spy market buzz – 13 December 2024
M&G’s positive outlook; Wisdom from Schroders’s podcast; Alliance Bernstein on the power of curiosity; Janus Henderson on responsible AI; China’s retirement revolution; Apple and much more.
HEAD-TO-HEAD: Axa versus Invesco
FSA compares two UK corporate bond funds: the Axa Sterling Short Duration Bond Fund and the Invesco UK Investment Grade Bond Fund.
Fees
The Axa fund has ongoing charges (OCF) of 0.87%, while the Invesco fund’s OCF is 0.84%, according to data from FE Analytics.
Both products are cheaper when compared to other European fixed income funds available for sale in Hong Kong. The peer median OCF for the 37-SFC authorised European fixed income category is 1.14%, according to FE Analytics.
There are only five SFC-authorised UK-focused fixed income products (which includes Axa and Invesco funds), and they have a median OCF of 0.87%.
Related Stories
Promoted Content
-
Driving decarbonisation: how to access new forms of alpha
-
Investors turn to real estate for alternative income
-
Don’t get left behind in fixed income
-
Nuveen broadens income sources via private capital and real assets
-
Investment Ideas for 2021: Explore the untapped potential in China Small Companies
-
Riding the wave of alternative income amongst HNWIs in APAC
-
Unmasking the dividend opportunity
-
China bonds: plugging the yield gap
-
Appetite for thematic investments grows amid rates and inflation concerns
-
Healthcare’s innovation shifts into high gear
