The FSA Spy market buzz – 6 June 2025
Animal spirits run wild; Franklin Templeton is taking credit; EM banking revolution; Not all luxury is equal; Death of search and the AI machine; George Soros on wins and much more.
Both funds charge very similar fees. The ongoing charge (OCF) of the IGW fund is 1.77% and that of the HSBC Jintrust fund is 1.80%.
“The fees are about average,” said Li.
Onshore Chinese funds do not differentiate themselves on fees and investors don’t pay much attention to them, he noted. “Because the return of mutual funds in the long-term is generally much higher than in the US, the fees are not very significant,” he said.
Companies, on the other hand, generally simply settle on the industry standard when setting fees for their funds, he added.
Animal spirits run wild; Franklin Templeton is taking credit; EM banking revolution; Not all luxury is equal; Death of search and the AI machine; George Soros on wins and much more.
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