The FSA Spy market buzz – 26 April 2024
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
The Blackrock fund’s retail share class has ongoing charges (OCF) of 1.86%, while the JP Morgan fund’s retail share class OCF is 1.74%, according to Daniels.
Daniels believes that the fees of both funds are “middling” or above average. The peer median OCF for global emerging markets equity products is 1.6%.
“They are both slightly above the average. But I would say that the JP Morgan strategy should be cheaper given the size of the fund ($8.5bn). The Blackrock strategy in comparison only has $1bn,” he said.
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
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