Q: Thoughts on this fund? Thank You
5i Research Answer:
FGEB is a new Global Balanced fund. It provides global exposure to equities 55% and fixed income 45%. The fee is high at 0.85%. It is up 7% since inception in May of this year. Despite being such a new fund, it is quite liquid at $127.7M. We would like to give it some more time to measure performance, but we do not have many issues with it outside of the higher end fee.