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1.Market Observations, 2.share trading

29 Nov 2013 (TheAge) – Investors losing half of returns to fees: research

[COMMENT: Does the average investor know where their money is invested? and how much of it is gobbled up in fees? (lining the pockets of the people who “manage” their money)?… You might be surprised…]

(29 Nov 2013, The Age, p3, Michael West)

‘Almost half the investment returns made by Australian savers over the past five years has been lost in management fees.’

‘This finding, from funds manager Chris Brycki, is based on a study of 497 managed funds; and it mirrors what is going on in superannuation, too, where the army of fee-takers has long wreaked havoc on retirement savings. Over the past five years, the pace of this gravy train has only been quickened by industry lobbying and government favours.’


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