FACT FILE

How to choose an actively managed fund

• What is the competitive advantage – is it key managers or process?

• Track record of the organisation.

• Price you have to pay.

• How has it performed over time?

How to choose an ETF

• Coverage – how well it captures the market (or market segment) you want to invest in.

• Total cost – fund expense ratio plus trading costs.

• Issuer’s track record and reputation.