Irish life has revealed that 1.39% of the annual return of its multi asset portfolios is eaten up by fees and charges over 7 year period. This drag on performance known as the reduction in yeild (RIY) increases to 2.56% in its commercial property fund.
New Ireland 1.99% on its flagship Evergreen fund.
Aviva quotes
an RIY of 2.63 for its multi asset fund.
Zurich Life says RIYs range from 2.59 to 5.47 on its Lifesave Investment bonds.
Article goes on to say that with a future guidance of 5% is what Society of Actuaries is advising.
If a fund earned 5% and a RIY of 3% was in place a client would get a return of 2% and then have 41% exit tax.
ETF industry has attracted more than 2.8 trillion in new inflows since 2008. Projections are assets will double from current 4.5 trillion by 2022.
Blackrock a major player in this area reduced its core fees in this area a year ago.Its revenue all ready has offset by volume growth.
A matter of time in Ireland?
New Ireland 1.99% on its flagship Evergreen fund.
Aviva quotes
an RIY of 2.63 for its multi asset fund.
Zurich Life says RIYs range from 2.59 to 5.47 on its Lifesave Investment bonds.
Article goes on to say that with a future guidance of 5% is what Society of Actuaries is advising.
If a fund earned 5% and a RIY of 3% was in place a client would get a return of 2% and then have 41% exit tax.
ETF industry has attracted more than 2.8 trillion in new inflows since 2008. Projections are assets will double from current 4.5 trillion by 2022.
Blackrock a major player in this area reduced its core fees in this area a year ago.Its revenue all ready has offset by volume growth.
A matter of time in Ireland?