It’s worth knowing that a fund’stransaction costscan fluctuate quite a lot from period to period, especially if there’s excessive turnover in the fund’s index. So don’t feel like you instantly need to switch if your fund’s transaction costs suddenly spike. Keep your fund and its m...
I recently bought a stake in iShares FTSE UK Dividend Plus ETF (IUKD), a volatile beast with value overtones. The TER is0.4%, but turnover in 2010 was a whopping241.41%. According to the figures above, that turnover would have cost me nearly another 4%, or10 times the TER. And IU...
We have seen relatively low returns from UK shares since 2012, but I don’t believe the FCA foresaw Brexit. Besides, the FTSE All-Share still gave you 70%, with dividends, since November 2012. Hardly a disaster. To be fair, regulators must err on the side of caution. It’s their rol...