The FSA Spy market buzz – 4 October 2024
Schroders is hiring, Federated Hermes warns on PE exits, Fidelity thinks China is cheap, Pictet likes, gold and emerging markets, S&P 500 dividend woes, October’s volatility and much more.
Fees
The fees charged by both funds are reasonable, according Meakin.
Morningstar pays a lot of attention to management charges and expenses, and this year started differentiating it ratings of the individual share classes of each fund. Share classes that charge excessive fees are now typically assigned lower ratings.
However, the ongoing charges figure (OCF) for the Hong Kong retail share class of the T Rowe Price fund is 1.62%, which is below the median of 1.96% for the sector. The OCF for the Eastspring product is more expensive than the T Rowe Price fund at 1.80%, but comfortably below the median, said Meakin.
Schroders is hiring, Federated Hermes warns on PE exits, Fidelity thinks China is cheap, Pictet likes, gold and emerging markets, S&P 500 dividend woes, October’s volatility and much more.
Part of the Mark Allen Group.