The FSA Spy market buzz – 22 November 2024
Dimensional excludes the Middle Kingdom; JP Morgan’s optimistic outlook; Household wealth is rocketing; Schroders is thinking about privates; Ninety One’s pithy AI; German woes 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.
The FSSA fund has an ongoing charges figure (OCF) of 1.02%, and the GQG fund is more expensive at 1.65%, according to FE Fundinfo.
Both OCFs are well below the average for products available in Singapore in the emerging market sector, which range from an extortionate 4.09% to a bargain-basement 0.90% fee.
The median OCF for the category is 2.15%, FE Fundinfo data shows.
Dimensional excludes the Middle Kingdom; JP Morgan’s optimistic outlook; Household wealth is rocketing; Schroders is thinking about privates; Ninety One’s pithy AI; German woes and much more.
Part of the Mark Allen Group.