The FSA Spy market buzz – 18 October 2024
Defence ETFs for a dangerous world, Water, water everywhere but not a drop to drink, Bloomberg economists miss the target, Pictet on the US election, Gold in Hong Kong, Hang Seng blues and much more.
Fees
Annual fees charged by the 140 actively-managed funds categorised by FE Fundinfo as “international equity” differ widely, ranging from as low as 0.4% for products with broad sector mandates to about 3% charged by funds with more specialist investment universes.
The median ongoing charges figure (OCF) for the category is 1.85%, so the Pictet fund’s annual expenses fee of 2.08% is on the high side. In contrast, Jupiter fund’s OCF is well-below average at only 1.72%.
Defence ETFs for a dangerous world, Water, water everywhere but not a drop to drink, Bloomberg economists miss the target, Pictet on the US election, Gold in Hong Kong, Hang Seng blues and much more.
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