The Financial Coach

MANAGING PEOPLE AND THEIR EMOTIONS AROUND MONEY

Are Passives really that cheap?

I got really excited recently when I noted the addition of some of the CoreShares funds to the list of funds on one of the LISP platforms that we use… And then I started doing some quotes to see what the effect the addition the CoreSharesTop50 would have on the fees on the client’s portfolio. …

8.5% per month in fees?

Am I reading this incorrectly or can it be that the monthly fee on this pension fund contribution is 8.5%? Can it be that R240 of every R2808 in contributions is being eaten up by costs? Every month? And this is before the fund fees? In 2017 with all the legislation that we have  – …