“Low Cost” Funds Defeat Banking Giants – Investment Funds


The investment fund market in Portugal grew in 2020. However, the high fees demanded by clients are not always able to deliver what they promise: outperforming the index. Among the 10 largest national funds, responsible for managing 44% of global assets, only short-term funds are able to outperform the market. In all others, ETFs – funds that track the index – show very high returns …

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