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 fees on both products are a little high,” said Ng.
The Fidelity fund’s ongoing charges figure (OCF) is 1.95%, and the OCF for the Pinebridge fund is even steeper at 2.10%.
Yet, the managers of Greater China equities funds seem able to charge high rates, and compared with the median of 1.93% for the sector, the OCFs of the Fidelity and Pinebidge funds are not egregious.
For instance, several funds charge more than 3.00%, and one fund demands as much 3.50%.
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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