A disciplined strategy with a good track record
Investing in managed funds isn’t everyone’s cup of tea. Fees, control of asset allocation, and lack of direct access to the management of investee companies can be among the drawbacks. Some of these, however, can be significantly mitigated.
First, a fund manager can usually deal at lower commissions than the private investor due to volume within the fund. Secondly, with modern technology an investor in a managed fund can usually get access to ...