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Towry Law
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Microeconomics wrote: »Smallfry - you are incorrect. Towry receive no commissions and all rebates belong to client. Your estimate of fees is incorrect too as Towry invest in institutional not retail funds.
Gosh it's been so long since that discussion !! If I remember correctly, I was struggling to understand the fee structure, it wasn't meant to sound like some confident statement of facts.
Towry have now told me that they negotiate AMCs directly and independently with each fund they buy, and do not publish those rates, due to the confidentially of the contract.0
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