- Janus Henderson
Typical example of overpriced and not outperforming actively managed mutual fund.
The factsheet https://cdn.janushenderson.com/webdocs/PPGBEF_L...
mentions a super-high annual fee (TER) of 1.88%, plus dependent on Your broker
an initial 5% sales charge that You will never see again.
There is no evidence that this product has a better performance than a cheap global passively managed REIT ETF like f.ex. iShares Global REIT ETF (ticker: REET).
- Schroder: https://www.schroders.com/getfunddocument/?oid=1.9.456&oid=1.9.456
Same super-high TER of 1.86% per Year, sales charge not mentioned.
Longterm performance (10 years):
The fund underperformed it's own defined benchmark (MSCI EM NR) over that period:
38% (fund) versus 43.5% (benchmark index).
Here for comparison just two examples of cheap and large emerging markets ETFs:
VWO: Vanguard FTSE Emerging Markets ETF
TER = 0.12% per year, 10 year total performance = 50.3%
SPEM: SPDR Portfolio Emerging Markets ETF
TER = 0.11% per year, 10 year total performance = 57.2%
Your two typical examples are evidence to the fact that nowadays (as compared to ETFs) mutual funds/unit trusts are almost generally overpriced plus underperforming.
You'd better buy large and cheap ETFs of Your selected sectors.
You may consider reading more on my general thinking:
https://seedly.sg/questions/what-is-your-genera...
Typical example of overpriced and not outperforming actively managed mutual fund.
The factsheet https://cdn.janushenderson.com/webdocs/PPGBEF_L...
mentions a super-high annual fee (TER) of 1.88%, plus dependent on Your broker
an initial 5% sales charge that You will never see again.
There is no evidence that this product has a better performance than a cheap global passively managed REIT ETF like f.ex. iShares Global REIT ETF (ticker: REET).
Same super-high TER of 1.86% per Year, sales charge not mentioned.
Longterm performance (10 years):
The fund underperformed it's own defined benchmark (MSCI EM NR) over that period:
38% (fund) versus 43.5% (benchmark index).
Here for comparison just two examples of cheap and large emerging markets ETFs:
VWO: Vanguard FTSE Emerging Markets ETF
TER = 0.12% per year, 10 year total performance = 50.3%
SPEM: SPDR Portfolio Emerging Markets ETF
TER = 0.11% per year, 10 year total performance = 57.2%
Your two typical examples are evidence to the fact that nowadays (as compared to ETFs) mutual funds/unit trusts are almost generally overpriced plus underperforming.
You'd better buy large and cheap ETFs of Your selected sectors.
You may consider reading more on my general thinking:
https://seedly.sg/questions/what-is-your-genera...