Posted inHead To Head

HEAD-TO-HEAD: Stewart versus T Rowe Price

FSA compares two global equity products: the Stewart Investors Worldwide Leaders Sustainability Fund and the T. Rowe Price Global Growth Equity Fund.
by Rupert Walker

123456

Fees

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 Stewart product 1.41%, according to FE Fundinfo. This ranks in its Morningstar category’s cheapest quintile.

“We think this share class will be able to deliver positive alpha relative to the category benchmark index, explaining its Morningstar analyst rating of gold, “said Genderen.

The OCF for the retail share class for the T Rowe Price fund is higher, at 1.77%, FE Fundinfo data shows.

“Nevertheless, the share class should be able to overcome its high fees and deliver positive alpha relative to the category benchmark index, explaining its Morningstar analyst rating of silver,” said Genderen.

Besides, the OCF is lower than the median for the sector designated by FE Fundinfo as “equity – international”, which is 1.85%.

123456

Related Stories

FSA SPY

The FSA Spy market buzz – 4 April 2025

BNY Mellon IM’s conversion; Elusive libertarian investing dream; Eastspring and Vontobel on tariffs; Wisdom of Larry Fink; Has the EU finally seen sense? Price of admission and much more.

Part of the Mark Allen Group.