Do all investment funds charge similar annual fee?
Most funds in the market charge an annual fee of 1.5% to 2%. The Combined Growth Fund from NTUC Income charge a lower fee of about 1%.
Assume you invest $50,000 for 20 years and the fund earns 6% per annum. The difference of 1% in annual fee gives $26,000 more on maturity. You get more by investing in our fund, due to its lower annual fee.
NTUC Income has recently lowered its annual fee for several of its funds, including the Combined Funds and the Singapore Equity fund. So, the difference is higher than quoted above.
Our funds continue to perform better than similar funds in the market.
Subscribe to:
Post Comments (Atom)
:.
0 comments:
Post a Comment