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If I'm holding a pension, I'm paying in regularly to a fund that's managed over a long period of time. If they manage it actively and trade it a lot over 30 yea
by growse 7y ago
If I'm holding a pension, I'm paying in regularly to a fund that's managed over a long period of time. If they manage it actively and trade it a lot over 30 years, 1 cent a time will add up.
- FabHK 7y agoThat's not what they're doing, though. The costs will likely be minimal. Spreads used to be much higher, sure, but that was not because there were no HFT shops around back then.