The most expensive tracker funds charge investors more than 20 times the fees of the cheapest option, according to analysis from AJ Bell.
The stark difference in charges can leave investors in the priciest passive funds with a portfolio worth less than that of the cheaper option, even when funds deliver almost identical performance. IA: Inflows into trackers double in August as fixed income funds revert to outflows AJ Bell and Morningstar found that investors in the most expensive UK tracker pay fees more than twentyfold that of the cheapest option, with the top end recorded at 1.06%, compared with the cheapest option of 0.05%. Europe ex UK is the region with the smallest gap between the top and bottom end of fees - ...
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