Funds at a knocked-down price

The vast majority of investment trusts are cheaper than their open-ended compatriots, with almost a third of investment companies charging investors less than 1% for their services. This is according to research carried out at the back end of last year by broker Winterflood. On average, investment trusts can be bought at a knock-down 25 basis points price compared to OEICs and with the sector boasting stronger performance – only Japanese focused trusts lagged OEICs – investors are seemingly getting more value for their money. The findings raised further eyebrows among advisers as i...