PPRuNe Forums - View Single Post - Global Eye / PIC / DeVere / Acuma et al - Zurich Vista UAE
Old 21st Jan 2018, 20:33
  #116 (permalink)  
harry the cod
 
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Dropp

With all due respect, it's not that type of fund that should be avoided. In fact, if you read his advise, the C fund type investments are not his target. Sure, managed funds take charges and these should not be ignored, even if they are discounted as in the PF. Over time, the % fees charged by fund managers add up. Statistically, you're probably better off investing in a simple low fee tracker fund.

However, It's the likes of DeVere, Globaleye etc with their locked in policies and massive hidden up front charges that really screw people and it's these that need avoiding.
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