How do you decide on unit trusts when some charge performance fees and others don't?
For example, which one of these would most likely be a winner?
A unit trust with a management fee of 0.8% and a performance fee of 10%, or...
- A Tax Free Savings Account with a management fee of 0.9%.
Listen to the explanation in the audio below (and/or scroll down for quotes from it).
Fund managers want to have their cake and eat it.— Warren Ingram, Galileo Capital Financial Advisor
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