There are other implications too such as growth of these funds and opportunity cost but that could be multiple paragraphs long but short to say it depends on
your risk reward preferences.
Not exact matches
If valuations are favorable and quality of market action suggests that investors have a robust
preference to take
risk, a substantial exposure to market fluctuations can be very
rewarding.
Portfolio managers get a turn - key solution for launching a new fund, while investors are able to choose a fund based on their
risk and
reward preferences.
Importantly, there was no difference in
risk taking or
preference for immediate
rewards between solo drivers and drivers in mixed - age groups.
Which one to use depends on where your
preferences lie on the
risk /
reward scpectrum.
However, the
preference shares were trading at an attractive discount to par, and presented a v different
risk /
reward profile — I decided to investigate further.