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Fri 07 Jul 2009It pays to invest time in checking out fees

A 2 per cent fee may sound like small change, but over time this cost can significantly reduce the value of your investment, writes FIONA REDDAN.

IF YOU were given the option of investing in a fund but were told you had to give half of everything the fund made back to the manager, would you go ahead with your investment? Unlikely, isn’t it? Yet this is what many of us do every year.

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