PrefInvestor wrote:richfool wrote:Re charges on EGL, the KID shows:
Transaction costs: 0.34%
Other ongoing costs: 1.79%
Risk factor: 5
Hi richfool, Quite so, though I'm told that the charges figures presented on KIDs are best treated with caution and that one is better advised to look elsewhere to get the most reliable figure eg the AIC or the OCF figure on the latest factsheet if there is one. I see that the AIC & MorningStar both reckon that the charges for EGL are 2.01% so slightly less than the KID.
The Annual Report is my point of reference and according to it, the Ongoing Charges Ratio was 1.99% for 2018. The management fee was 1.25% of that and it has been reduced for the new year to 1% which ought to bring down the OCR by 0 .25% to around 1.74% which is probably not bad. Quite a small company at £150 million of assets and I am interested to see that not surprisingly its UK investments include National Grid, SSE, Drax and Pennon, and internationally it has a stake in Beijing International Airport.
I think I could well leave this IT alone.
Dod