Investing in Funds: The Good, The Bad, The Ugly
REVIEW
“Saul Djanogly has written a hard-hitting “eye opener” that puts the power back in the hands of the individual investor.
A must read for those serious about investing in funds and unit trusts. Whether you’re new to investing or a seasoned
pro, this book could be one of the best investments you ever make ”" seriously.” F.J. Hay
- Do you know about closet tracker funds and how they can hurt you?
- Are you aware that UK investors have over £55 billion invested in these funds?
- Want to avoid one of the biggest, most costly mistakes investors make?
- Want to make sure that you are not one of these investors?
˃˃˃ If you answered YES to any of the above, then it’s time to control of your financial future, reduce risk
and stop paying unnecessary high fees and charges
Many investors want, and are persuaded to invest in funds which claim to outperform their benchmark index. For the fund to achieve its objectives, and thus give the investor the returns they want, the fund needs to invest in a different portfolio than the benchmark index it’s trying to beat.
Unfortunately, thousands of investors pay brokers, fund managers and financial advisers large sums of money in entry and annual fees and charges to do this, unaware that the funds chosen for them almost entirely track their benchmark index.
These funds are called “closet index trackers”, hitting investors with higher costs and higher risks compared to an equivalent low cost tracker fund.
˃˃˃ It’s not just a problem, it’s an epidemic and you need to protect yourself from these funds
Recent research by SCM Private in September 2013, revealed:
- Out of 127 retail UK equity funds managing £120bn,nearly half the funds by number and value were actually closet index trackers
- Over the last 5 years investors could have saved themselves £1.86 billion in UK equity fund fees
- and £1.17 billion in overseas equity fund fees if they had chosen an equivalent low cost index fund instead.
˃˃˃ Download this book and you will discover:
- How investors pay up to 10 times too much in “hidden” fees and how you can avoid it
- Discover the 2 primary methods of identifying a closet tracker fund
- 2 vital online resources that that fund managers & brokers don’t want you to know.
- How to get a FREE report that can reveal whether you’re a victim of closet tracking or not
If you have an investment portfolio of £500,000 that’s being invested in closet trackers and you don’t realise it, then you could be up to £5,000 better off within 12 months simply from downloading this book and applying what’s contained within its pages.
- Wouldn’t these £000’s be better off in your pocket?
- If this is of no concern to you and for you ignorance is bliss do nothing.
- If this does concern you, then it’s time for you to take action.
