Funds fees query

jamesd

darkpool wrote: »

have you contacted the Financial Times and Thames River pointing out their report and article is "useless".

Yes, I've contacted the FT about it. There's no point in contacting Thames River, it's clearly part of their marketing efforts and they are unlikely to change those.

darkpool wrote: »

at the end of the day i put more weight in the Financial Times than someone on the internet........

Have a look at the top of the page it's on. "Opinion". He's an opinion columnist, not writing a news report.

In the news section there's a report that "Research from Bestinvest found that the FTSE All Share had risen 50 per cent in the two years to the end of March but the Blackrock UK Equity Tracker had only risen 28 per cent after charges were taken out."

That may be rather more interesting news for fans of trackers. Underperforming the growth of an index by almost 50% after just two years is pretty dismal tracker performance.

darkpool wrote: »

So only 8.6% of funds delivered above average annual performance for three years running.........the report compares funds to their sector group.........

They have to be top quartile for both volatility and performance,. I've already explained that being top quartile for both is contrary to normal risk-return expectations. But you should already know that if you're a fan of trackers since efficient market theory is a key part of the reasoning behind the theory that they should be better than managed funds.

cloud_dog wrote: »

Please let me know if you ever find a newspaper that writes an article without a slant in order to deliver the focus they want you to take away with you.

I'm sure you've heard the quote......... "There are three kinds of lies: lies, damned lies and statistics."

And this was an opinion piece, clearly identified as such at the top of the page. And the report, well, I've explained why this fund manager would advocate that sort of measure and just why it's a flawed one already.

darkpool

jamesd wrote: »

Yes, I've contacted the FT about it. There's no point in contacting Thames River, it's clearly part of their marketing efforts and they are unlikely to change those.

In the news section there's a report that "Research from Bestinvest found that the FTSE All Share had risen 50 per cent in the two years to the end of March but the Blackrock UK Equity Tracker had only risen 28 per cent after charges were taken out."

That may be rather more interesting news for fans of trackers. Underperforming the growth of an index by almost 50% after just two years is pretty dismal tracker performance.

How did you get on with the FT? They couldn't have been too happy being told the report they based an article on was "useless"?

I had a look at the bestinvest website. It seems to suggest the performance between the FTSE all share and blackrock UK equity tracker was comparable?

http://www.bestinvest.co.uk/investment-research/fund-research/fact-sheet/bruet/blackrock-uk-equity-tracker/performance

Ark_Welder

My masochism discovers new, er, bounds....

Reading this thread from the beginning seemed like a good idea at the outset, which currently feels like it was back in 1984. I think that my immediate strategy should be to invest in some paracetamol and sleep Perhaps if that results in a satisfactory return then I may revisit :silenced: