The FSA Spy market buzz – 22 September 2023
AllianceBernstein’s new large cap ETF, The SEC gets ‘investment term’ serious, small-cap managers outperform, Dumb Money is coming, Franklin Templeton’s divis, Pictet on building and much more.
Fees
The median ongoing charges figure (OCF) for the retail share class of European (including UK) funds in Hong Kong is 1.85%, according to FE Fundinfo data.
The Invesco fund’s 2.31% OCF is towards the top of the range, although there are 10 out of around 60 products that charge higher.
The Blackrock fund’s 1.82% OCF is below the median, among a cluster of products with similar fees.
AllianceBernstein’s new large cap ETF, The SEC gets ‘investment term’ serious, small-cap managers outperform, Dumb Money is coming, Franklin Templeton’s divis, Pictet on building and much more.
Part of the Mark Allen Group.