Orion Multi Manager Portfolio

Bosshog

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218
Hughes Blake in association with IIB Bank & credit suisse are managing this portfolio.
Has anyone here heard about it / have any thoughts on it?
 
Multi Manager? Through Hughes Blake & IIB & Credit Suisse? Sounds like a lot of managers. You'd imagine the charges would be very high.
 
cannot comment on the product itself but this product type tends to suffer from high fees as but the sub-manager and the fund-of-funds or senior manager both collect fees from your capital. have you investigated the fee structure?
 
1.95% AMC seems high. Especially given that most actively managed funds will not outperform the index over the long term in which case perhaps a lower cost index tracker is a better bet? Are there other charges as well?
 
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