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.
Fund research firm Morningstar pays a lot of attention to management charges and expenses, and share classes that charge excessive fees are typically assigned lower ratings.
DWS Invest Top Dividend’s ongoing charge fee (OCF) of 1.5% per year is broadly in line with the median of the comparison group, which is 1.56%, according to FE Fundinfo data.
Fidelity Global Dividend has a higher price tag, charging 1.9% per year, which “puts it at a notable disadvantage,” said Schumacher.
“It’s also disappointing to see that economies of scale are not shared with investors, since these two funds manage the largest asset bases in the Morningstar global equity income category,” 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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