Going Off-Road: What Exactly is Tracking Error?
Our weekly personal finance series continues with this look at an essential component of index funds
Source: morningstar.co.uk
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Pricey tracker fund calls into question M&G's value for money assessment
Pricey tracker fund calls into question M&G’s value for money assessment Asset manager praised for level of introspection but tracker costs some seven times more than a rival equivalent Aspects of M&G’s latest value for money assessment have been called into question, after an expert pointed out that the asset manager’s tracker fund costs some seven times more than a rival’s equivalent. In its second assessment of value (AoV) report M&G admitted 60% of its funds “must improve” their investment performance, however the asset manager said that most of its range offers value for mone...
Source: portfolio-adviser.com
A Simple Plan For 7% Dividends, 95% Returns
Most people don’t realize this, but there’s a simple, two-step way to grab serious gains in high-yield closed-end funds (CEFs).
Source: forbes.com