The investment trust has growing competition from low-cost global tracker funds
Thursday 16 May 2019 Author: Daniel Coatsworth
Growing awareness among the general public of low-cost exchange-traded funds (ETF) means actively-managed funds have to try even harder to stand out from the crowd and justify their typically higher fees. With ETF products such as Lyxor Core MSCI World (LCWL) offering exposure to companies around the world for a mere 0.12% annual charge, an actively-managed fund will need to be a compelling alternative in order to attract investors’...