RE: £7.08 ask6 Sep 2019 19:13
Bruce, well none that charge a % of your balance/holding as is the case with funds...
The neck of them using YOUR assets to feather their
own nests....
Let’s face it, if their short gamble somehow went awry would they dig into the fund to cover the loss..
You can bet your bottom dollar they would find a way to pass it on, with some fictitious trade...
They are too smart for us to keep up with them and why ? Because little or no control over them...
Woodford comes to mind, worse performing fund but promoted by Hargreaves as Best Buy so they get their commission, at whose cost ? not theirs ! They are all in a big club playing a game that provides rich rewards and we are the ones funding the club and its members, with those who are supposedly policing them part of the same Club judged by their inaction...