Help with fund selection?

Help with fund selection?

How important is the fund’s fee when choosing funds? Be price conscious when choosing funds, but remember that the reason to save is to get a good return on your money.

You should first choose the type of fund that risk you are willing to take

You should first choose the type of fund that risk you are willing to take

When choosing which funds you should hold, you should first choose the type of fund that risk you are willing to take. So compare funds with the same investment policy and risk taking into account both income and cost (price).

Although historical returns say nothing about the future, it provides important information on how the fund has succeeded so far.

Important to know that costs are always deducted when the return

Important to know that costs are always deducted when the return

When comparing mutual funds, it is important to know that costs are always deducted when the return or NAV shows. This means that two funds with the same return are just as good for you as depositors, no matter how much management fees are.

There is a very wide range of funds with different prices. That the fees to vary between the funds may be partly due to funding administrative costs, but also on the fund’s guidelines, how active management is and what services are offered in the form of advice, etc ..

It is not always the most expensive and cheapest is the best

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There are funds with good and less good crops among both expensive and cheap funds. Just like when you buy other goods and services, it is not always the most expensive and cheapest is the best. You just have to make an assessment of what you buy, what you get for your money and what suits your need. Be price conscious when choosing funds, but remember that the reason to save is to get a good return on your money.