Management fees and other expenses charged by funds are important because they have a direct impact on returns for investors.
The ongoing charges figure (OCF) for the Lazard fund is 0.87%, and the fees charged by the T Rowe Price product are higher at 1.58%. Both funds charge lower than the median OCF of 1.76% for funds in the North America equities category, available to Singapore investors, according to FE Fundinfo data.
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Part of the Mark Allen Group.
