The FSA Spy market buzz – 22 November 2024
Dimensional excludes the Middle Kingdom; JP Morgan’s optimistic outlook; Household wealth is rocketing; Schroders is thinking about privates; Ninety One’s pithy AI; German woes and much more.
HEAD-TO-HEAD: Axa vs Jupiter
FSA compares two emerging market fixed income funds: the Axa World Funds Emerging Markets Short Duration Bonds Fund and the JGF-Jupiter Global Emerging Markets Short Duration Bond Fund.
Fees
Although the fees charged by both funds “could be considered quite high, I’m not particularly concerned about them because the risk-reward ratios [as measured by the information ratio] of each fund is compensation,” said Cheung.
The retail share class ongoing charges figure for the Axa fund is 1.26% and 1.3% for the Jupiter product
There are only about 15 funds with similar emerging markets short duration mandates, which perhaps enables the managers to charge a little extra, according to Cheung. The median fee is 1.5% for this sub-sector of the emerging market bond category.
Related Stories
Promoted Content
-
Don’t get left behind in fixed income
-
The future of mobility
-
Turning environmental hopes into investment reality
-
Investors turn to real estate for alternative income
-
China bonds: plugging the yield gap
-
Thematic investment series: Innovative transformation cuts across “old” and “new” economy companies
-
How can a sustainable approach also ensure you don’t compromise performance?
-
M&G Episode Macro shines after tough year
-
The year of living dangerously for income investors
-
Smartphones on wheels
