Date: 5th October 2016
Author:
Type: In the news
The verdict is catastrophic: the costs of products under collective management are so high that they "rewarded" unitholders with a loss of about one third of their savings between 1999 and 2014. Conversely, individual shareholders who during the same period invested directly in French shares, provided sufficiently diversified portfolios, have seen returns equivalent to at least one third of their savings. For those who remain to be convinced, the report released by BETTER FINANCE in 2015 on the performance of savings in Europe, speaks for itself.