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We believe that the Great Moderation, a period of steady economic growth and inflation, is over. Instead, we're entering a new regime where growth and inflation are likely to fluctuate more than in the past.
The inflation dragon is yet to be slayed. The latest reading of US consumer prices shows the positive impact of lower global oil prices, but other items in the inflation basket continue to push higher.
Governed by regulation, a fund fact sheet – or minimum disclosure document, as it’s commonly known – is a document that all fund managers who offer unit trusts or collective investments are obligated to provide. “It contains a minimum set of facts [about a fund] that you can use to make an informed decision before investing,” explains the Glacier Research team.
The strongest deterrent against FSP compliance missteps is or should be: