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Marcus Korsten
www.mkinvestmentsllc.com
Emily Appleton
emily@mkinvestmentsllc.com

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How Investment Trusts Are Cutting Costs And Delivering Better Value With Jack Lloyd
How Investment Trusts Are Cutting Costs And Delivering Better Value With Jack Lloyd


marcus korsten investment
BriefingWire.com, 9/13/2018 - You don’t need to let a robot run your money to obtain low-cost fund management. Some actively-managed investment trusts cost less than some in

You don’t need to let a robot run your money to obtain low-cost fund management. Some actively-managed investment trusts cost less than some index-tracking passive funds.

Cost-conscious investors seeking value for money from professional fund managers should consider leading investment trusts. After recent announcements about reductions in fees, active stock selection need not cost any more than passive index-tracking.

For example, Marcus Korsten American Investment Trust has said that from October, 2017, it will cut its annual charge by more than a third from 0.52% to 0.33%. This will take the form of tiered fees on the £1.05bn trust, starting at 0.35% on the first £500m assets under management.

That is substantially less than the 1% per annum charged by one of Britain’s biggest index-tracking funds, which passively replicate a stock market index, rather than attempting to identify value or profit opportunities (Virgin FTSE All Share Tracker Fund, July 2017)....

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