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.
The Fidelity fund has ongoing charges (OCF) of 1.05%, while the Loomis Sayles’ fund’s OCF is 1%.
Tsymbaluk said that both funds are more expensive than the US equity fund peer median of 0.85%.
“The median is quite low because the US is an efficient market, which makes it a very competitive area,” she added.
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.
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