Investment trusts outperformed open-ended funds run by the same manager over a 10-year period three-quarters of the time, with the majority also costing less in management fees, research from AJ Bell has found.
AJ Bell found the trusts run by the same manager were cheaper than the open-ended funds in 60% of cases, with the average funds it looked at costing 0.97% versus a 0.91% fee on trusts. However, AJ Bell...
Main barriers revealed
'Alarming' performance differential
Mixed industry reaction to new appointment
Follows extended period of underperformance
Investor urges fund group to be more cautious on promoting funds
Learnings from Covid-19
Working on portfolio of unquoted healthcare investments
Managed by Benchmark Capital CIO Alex Funk
‘If you do not wish to offer protection advice, refer it’
‘Not just a sponsor’