Horrendously expensive for tracker fund
Advantages None unless you like slick advertising
Disadvantages Outragious fees.
Detailed Rating
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The Author
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28/08/2010
Horrendously expensive for... |
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All tracker funds, by definition, are similar. The reason why most outperform managed funds is their low charges.
The reason the Virgin trackers do so badly is due to their very, very high charges - *four times* higher than similar funds run by HSBC, Fidelity, M&G, F&C etc. In fact the Virgin trackers are almost as expensive as some of the cheaper managed funds which makes them totally ineffective and hugely reduces the final return.AVOID - and use a tracker with an AMC of around 0.25% pa and no initial charges. There are several to choose from.
Exta words because it requires at least 120 words.
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sewbizzie 29/08/2010 09:12
as below
Soho_Black 29/08/2010 08:46
As below
CPTDANIELS 28/08/2010 16:29
As below
kevin121 28/08/2010 16:25
I have to agree with the other comment. Please let me know if you change this, and I'll take another look for you.
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| 1 - 5 out of 6 comments
as below