Should We Pay Up For Performance?
Regular readers may know that I’m often vexed by the cost of investment funds. But there’s one element that doesn’t distress me that much. And that is a performance fee.
Regular readers may know that I’m often vexed by the cost of investment funds. But there’s one element that doesn’t distress me that much. And that is a performance fee.
Since I started to invest, fund charges have generally headed in a southerly direction. Thanks to the popularity of index funds, Vanguard and the late, great John Bogle, more of my returns are finding their way into my pocket rather than someone else’s.
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