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 ongoing charges figure (OCF) for the retail share class of the Ninety One fund is 1.89%, which is in Morningstar’s costliest quintile.
It is above the 1.50% median OCF for UK equities funds available to Hong Kong and Singapore retail investors, FE Fundinfo data shows.
The OCF for the Threadneedle product is 1.64%, which is lower than the category (UK equities funds available to Hong Kong retail investors) median of 1.80%, FE Fundinfo data show.
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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