Paul Ilott
Paul Ilott
aware expenses funds gross higher hurdle initial intended investors likely lower manager means meet overcome quote remember return returns target trying
Investors will need to be aware that some target return funds quote their intended returns gross of fund charges, which means that, after the fund's expenses have been accounted for, they are likely to get a lower return than the target rate. They should also remember that the higher the charges, the higher the initial hurdle the manager will need to overcome in trying to meet the target return.
achieve add additional bias economic equity extra funds growth help investors might next phase potential prepared specific style
Experienced investors should already have well-rounded portfolios, but might be prepared to add specific industry-sector funds or even single-country equity exposure. This could give them the extra style bias they want to help them to achieve additional growth potential during the next phase of the economic cycle.
almost run situations special
This is run almost like a special situations fund.
active based best company concentration conviction degree fund high invest manager portfolio portion prefer simply stocks together
The concentration of stocks is concerning. An active fund manager would not put a portfolio together simply based on how big a company is or how big a portion of the index it represents. I would prefer to invest with a manager with a high degree of conviction in what they think are the best opportunities for growth.