After one year, your initial investment would be worth £103 (£100 capital plus £5 of growth minus £2 of costs). There is, of course, no guarantee that you would earn a positive return when investing …
The dark side of investment growth: How the ‘magic of compounding’ wears off unless you keep fees under tight control
The dark side of investment growth: How the ‘magic of compounding’ wears off unless you keep fees under tight control
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