The FSA Spy market buzz – 8 December 2023
White Wolf’s PE howl, What’s in a (fund) name? Growth versus value – again, Wall Street makes its predictions, BlackRock joins the Gen AI trend, Pity Walmart, Albert’s genius, advertising and much more.
HEAD-TO-HEAD: Fidelity vs Loomis Sayles
FSA compares the Fidelity America Fund and the Loomis Sayles US Growth Equity Fund.
Fees
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.
Related Stories
Promoted Content
-
Despite headwinds, ESG continues to perform
-
The year of living dangerously for income investors
-
Smartphones on wheels
-
The future of mobility
-
Thematic investment series: Innovative transformation cuts across “old” and “new” economy companies
-
Dynamism is the name of the game for this global macro strategy
-
Turning environmental hopes into investment reality
-
Tech WELLcovered | Work reimagined
-
Impact opportunities: investing to limit biodiversity loss
-
Don’t get left behind in fixed income
