Fees are a topical issue in South Africa, from #feesmustfall to fund management fees; it is an issue that is firmly on the national agenda. While fees are an important investment consideration it may not be the most important.
Arguably, asset allocation deserves more attention. In this article, Craig Gradidge argues that the investor’s focus should be on the equity he or she will capture on an after-fee basis. So regardless of whether the fees are considered high or low, investing in the best asset class each year can place the investor in a better position financially.
For insight into which funds with a good reputation when it comes to asset allocation, read the full article.