Shawtank123
Registered User
- Messages
- 4
It goes against the great Warren Buffet's advice in that it's an actively managed fund,
But it's 1% of the total fund on ongoing basis.1% of €140 a month plan isn't very much to pay for the administration and managing the taxation of your plan.
Are there any hidden charges ?
it's performance has been phenomenal.
I know. We always look at the percentage cost of plans (that's how the world of finance works) but in the case of small cases, such as €140 a month, the cost in monetary terms is tiny for what you are getting. It will take close to a decade for the life company to start making any money from this case.But it's 1% of the total fund on ongoing basis.
For a unit linked fund I'd be looking for something as close to 0.5% as possible.
I'd also go with a passively managed index tracker to keep the costs down and because I don't believe that active management beats the market over the medium/long term (if at all).
Read what I said...There are no regular saver plans at 0.5%.
I have some at 0.625% AMC.For a unit linked fund I'd be looking for something as close to 0.5% as possible.
That's why I asked about the tool for comapring the 50/50 split, because we don't know what charges (if any at all) are included in that comparison. It's highly likely that no charges are included in the ETF comparison.
Correct. Whilst I know it doesn't give a full indicator of future performance, as an investor I have to say that I like to see performance through difficult periods. The Zurich fund has data back to 2001. So many other funds that I see appear to only have started ~2009, post recession.The OP is comparing the past performance of the fund.
And this is exactly my thinking. If it was my pension, I would absolutely be pursuing the lower cost option given the higher values and length of time exposed to charges (current AVC's invested in passive fund with AMC of 0.15%). However, for this situation I am beginning to lean toward the Zurich. Never thought I'd say that!1% of €140 a month plan isn't very much to pay for the administration and managing the taxation of your plan.
Compare that to the time spent on doing it yourself?
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