Knowing the cost of everything

By Tom Wiseman | 06 June 2019

The total cost of investing is a topic de jour for financial regulatory bodies, and rightly so. It is important for investors to have a proper understanding of the management and operating costs associated with an investment arrangement. However, despite increased industry transparency and the disclosure of an Ongoing Charges Figure (OCF) within investment illustrations, I am yet to come across a common methodology for calculating the total cost of a managed portfolio for private investors that cuts the mustard.

Read Tom's full article here.