Finweek English Edition - - FUND IN FOCUS -

no­ticed a big di­ver­gence in the per­for­mance of dif­fer­ent unit classes i n this par­tic­u­lar fund. Unit classes vary in one thing: the fee charged to the in­vestor. In­sti­tu­tional in­vestors typ­i­cally pay a lower fee than re­tail i nvestors. The ef­fect of the fee i s sig­nif­i­cant. The f und per­for­mance fig­ures are for the ‘ B’ class, which is avail­able to re­tail in­vestors.

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