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Mutual Funds

Cute Hoor · 2016-01-28 07:59:35

I am looking to put some money into Mutual Funds but the fees are off-putting. I am looking at a 1% subscription fee + 1.7% to 1.9% annual ongoing charges. Are these standard fees and is there anywhere I can get a list of funds, the associated charges, and their performance over time.

28-01-2016 7:59am

#1

Cute Hoor

Registered Users, Registered Users 2 Posts: 1,788 ✭✭✭

Join Date: July 2006

Posts: 1753

I am looking to put some money into Mutual Funds but the fees are off-putting. I am looking at a 1% subscription fee + 1.7% to 1.9% annual ongoing charges.

Are these standard fees and is there anywhere I can get a list of funds, the associated charges, and their performance over time.

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Comments

#2 28-01-2016 11:47pm

topper_harley2

Registered Users, Registered Users 2 Posts: 537 ✭✭✭

Join Date: December 2008

Posts: 527

Jesus wept. Almost 2% charges and you know that isn't the TER. There will definitely be other fees. Life companies in Ireland aren't required to publish their full fees. Past performance of a fund means squat. Up 30% last year, buy buy buy, yep it's now down 30% this year, but you're still paying your 2% fee regardless. Avoid funds like the plague would be my advice.

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