How buying a more expensive passive fund can really eat into your returns
Thursday 23 May 2019 Author: Yoosof Farah
When it comes to putting your money away for a rainy day, just sticking it in a fund that follows something like the FTSE 100 can sometimes be the simplest thing to do. After all, the theory goes that markets are efficient and you’ll struggle to outperform over the long-term. In America, a 2016 analysis of active US equity funds by S&P Dow Jones, for example, found that 99%...