Forum Archive Index - March 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

Readers,

 

I am making a distinction between direct investment in the market - where management fees are often below 1%- and unit trusts with high entry fees and where often the management fee includes a " trailing " fee.

 

That fee is returned to the client's advisor. It took quite some time before the clients became aware of this fee !!

 

Normally, some British Investment Trusts can be good investments and management fees tend to be below 1%.

 

At this stage, I feel that perhaps it is better to wait; there are some which may operate better in the bearish conditions.

 

To those chatters who like a steady investment with good prospects, there could be a prospect to discuss on April 2.

 

I'll let you know!

 

Gerry