Costs have a big impact on returns, with half a percentage point of difference in fees adding up to a significant sum over the course of a decade. You can reduce what you pay by picking a cheap platform that matches your needs and investing a portion of your portfolio in passive funds. But also look to see what a fund’s different share classes cost, because the same fund can be cheaper on one platform than on others, depending on which share classes they offer and any discounts available.
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The platforms offering discounted funds – Investors Chronicle
- September 7, 2023
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