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Worst 'fat cat' funds have high fee diet

Automated investment adviser Stockspot branded 638 funds 'fat cats' in its annual survey of superannuation and managed fund performance, revealing high fees as the force behind underachievement.

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Read more: Fat Cat FundsFit Cat FundsStockspotInvestorAutomatedChris BryckiCompanyLazard Asset ManagementLegg Mason Global Asset ManagementMutualREST Industry SuperSG HiscockVanguard Investors