
News
Pathfinder blazes way with fee cap
Friday 2nd of October 2009
Brownsey said the 1.3% fee (GST included) would pay for all fund expenses, excluding transaction costs covered by a 0.75% buy/sell spread, such as investment management, audit and trustee fees. He said as the fund grows the actual expense ratio should come down closer to 1%.
"I can't think of too many other funds that have put a hard cap on their MER [management expense ratio]," Brownsey...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
Latest News
3 min read
2 min read
3 min read
3 min read
3 min read
Latest Comments