Annual Management Charge

Fund Charges – and Discounts

by Alan Reeder, ShareSoc member The thorny subject of Fund charges and discounts has been much discussed in the Press recently – along with the pros and cons of investing in Investment Trusts versus Funds. Amid all the discussions of where to invest, a factor often overlooked is the difference in Annual Management Charge (AMC) levied by the Fund Manager.  It is important to bear in mind that although this AMC can vary from one broking House to another – it is the ...
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