The power of bank distributors inflates mutual fund costs in Hong Kong and elsewhere in Asia, but regulators are getting tougher on transparency, according to a Morningstar report.
Tag: Mutual Fund Fees
Expensive funds don’t earn their fees
In a quick comparison of the most and least expensive mutual funds, FSA finds that on average the ones with high fees tend to underperform more often than those with low fees.
Agriculture sector funds carry highest fees
Agriculture is the most expensive equity sector for mutual fund investors, based on the average of annual fees charged by sector-focused funds available for sale in Hong Kong.
Do investors receive value for their fund fees?
Some of the most expensive funds available to Hong Kong investors deliver less than stellar returns.
