these are startling performances gaps between different structures, including funds of funds, investment trusts and life funds
This is the third in a series intended to quantify the great conundrum of the investment business - the greater the marketing success; the worse is subsequent investment performance. Three Installments The first installment demonstrated how badly the free advice industry delivers investment performance. It took ONS statistics for the balance sheet and cash flow statements of the UK"s unit trust sector as a good example because investment advice is given away for free when bundled with front-end loads for those products. This data was used to show performance for the average unit tru...
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