Funds and fees: why costly isn't better
Article Abstract:
Higher management fees are no guarantee that equity funds will produce a higher return. Investors in high-cost diversified growth equity funds proved that case as their fund produced below average returns. Management Expense Ratios can range from .89% to 8% each year regardless of the return. While new funds have higher start-up costs, fees should drop as the costs are spread over a larger number of investors.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
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Growth funds lead the way to income
Article Abstract:
Growth funds ranked the best among 20 income-distributing managed investments, according to a research house. The objective of these funds is to minimize income and maximize capital growth. By keeping the income low, investors avoid paying taxes, interest, and dividends. However, a growth funds in not a growth fund when invested in international shares.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1999
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Asian storm: how the funds fared in Red October
Article Abstract:
The October correction in the Australian sharemarket benefited Australian property unit trusts and overseas trusts that were not invested in Asia. Wary investors in global sharemarkets invested in property trusts as a hedge against the volatility of the equities sector. The top performers were GEM property income unit trust and HSBC, AMP and IOOF.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
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