#365 Days Of Financial Capability – Day 6
Are the fees you are paying your investment manager commensurate with the value you are getting from them?
It’s very important to know how your investments are performing. Always try to review the service you’re getting from your investment manager in terms to the performance of your portfolio against the benchmark, suitability of your current investment objectives and also if you’re getting value for money.
Also, investment fees can be a significant drain or drag on the performance of your investments and its important to pay attention to what you are paying.
However, this is not to say cheaper is always better neither do higher fees mean better returns.
But compare what you are getting with the value you are getting and what you can get from competitors.
Here’s how every asset class performed in 2021 – Visual Capitalist
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