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Showing 1201 - 1210 of 4944 results for "Fees"

Hejaz expands with three new funds

KARREN VERGARA  |  MONDAY, 12 JUL 2021
... investors access to Shariah-compliant managed funds. The Global Equities Fund is targeting a 20% per annum return net of fees, investing in Europe, North America and selected Asian markets, including Australia. It aims to reach $100 million in funds ...

Vanguard lowers platform fees

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
Vanguard has made changes to the fees on its Personal Investor platform and introduced a brokerage fee for all listed investments. From August 18 the investment manager will remove the account fee for Vanguard ETFs, managed funds as well as the cash ...

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... Hostplus arrangement now in effect, Maritime's board is turning its attention to the best way of lowering administration fees for members including considering if a merger was way forward for it.

Morningstar launches fee comparison tool

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
Morningstar is launching a new tool that provides increased transparency and disclosure on fees across its investments and superannuation products, well above what RG97 requires. The Morningstar Total Cost Ratio (TCR), which will be rolled out on August ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees and taxes. According to Rainmaker, the latest time the index recorded such high performance was in the 1986-87 financial year ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
... ended the June quarter with $113.9 billion in total FUM, up from $106 billion at March end. It is estimating performance fees of roughly $30 million for the 12 months ending June 2021, which is significantly lower than $80 million for the year ending ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
Active fund managers are falling short of delivering value to investors and justifying their fees, a review from the UK's financial services regulator reveals. A review of 18 fund managers between July 2020 and May 2021 by the Financial Conduct ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... association points to the regulators' joint letter dated June 30, which advised trustees to review SOAs with respect to new advice fees charged to members' superannuation accounts. AFA acting chief executive Phil Anderson argued that SOAs are an agreement ...

How likely is a super fund to fail YFYS test?

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
... initial findings over an eight-year period looked at current strategic asset allocations and assumed administration and advice fees in line with the MySuper median fee.

Cbus hires from APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
... top-quartile performance." The fund estimates its in-housing strategy has saved members about $400 million in investment fees over the last four years.