Mmastodon BusinessPersonal Finance first seen 9 h ago, last 18 min ago, peak #3

Investors told to check fund fees beyond trade costs

Original: Turbobulls' Cost efficiency is 1 minus (fees and taxes on your trades) divided by your gains. The honest limit: it can't

A personal finance explainer is drawing attention to how to measure cost efficiency in investing: one minus the fees and taxes paid on trades divided by total gains. The catch is that this formula misses a fund's ongoing charge, since that is deducted inside the fund's price and never shows up as a separate transaction. Investors are being told to read the fund factsheet to capture that hidden cost.

Why now: Investors are looking for clearer ways to account for hidden fund charges that standard trade-cost calculations miss.

Turbobulls

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Evidence

• Turbobulls' Cost efficiency is 1 minus (fees and taxes on your trades) divided by your gains. The honest limit: it can't see a fund's own ongoing charge, because that's taken inside the fund's price and never appears as a transaction. For that one, read the factsheet. On… · turbobulls · 1

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