Les Affaires Plus - An investment fund is not a luxury good
In its Summer 2016 edition, the Les Affaires Plus magazine published an article (in French only) entitled "Un fonds n'est pas un produit de luxe" on page 29. This article by Ian Gascon, president of Idema Investments, compares the marketing of investment funds to the luxuy goods industrys and explains why investors are better off not paying high management fees of their funds.
About Idema Investments
Idema Investments is a portfolio manager that offers the first online investment solution that gives independent, personalized and low cost investment advice, also known as a "robo-advisor". A long term oriented systematic approach combined with the use of Exchange traded funds (ETFs) allows us to offer portfolios tailored to the needs of both do-it-yourself investors and investors looking for a managed portfolio solution. Follow our ETF blog on lesaffaires.com