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.
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.
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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