· Solid and honest advice on the best investment option available
· Condition of your money in the fund any given time
He gets X% of your $ P.
His value to you
Providing you the opportunity to invest in diversification in terms of asset class and industries.
They get Y% of your $ P.
He gets a hidden and RECURRING Z% of your $ P.Your actual return, B% = A% – (X + Y + Z)%Now, B% should be
a) more than 0% (duh)
b) more than 3% per year (FD rate)
…or else, forget about redeeming it within a year! You should let is sit and simmer for at least another year or so to do better to at least break even AND cover the upfront costs!