When investing in funds
Business Times had an editorial today cautioning investors to "look very closely at the fee structure" when considering funds.
Take the the controversial case of CitySpring Infrastructure Fund charging performance fees. BT said: Quote:
As I said before, mutual funds, unit trusts, and other funds that operate in similar fashion all charge certain mandatory fees regardless of whether they help you make money or otherwise. Some, like CitySpring, charge even more in the form of "performance fees". http://www.salary.sg/2007/when-investing-in-funds/ |
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