Wednesday, February 7, 2018

Fomax Capital to open its doors to retail clients for the first time

Alpha Algorithms Limited trading as Fomax Capital has opened its doors to retail clients for the first time in its history.

Fomax Capital, a UK based internationally recognised management company known for delivering well performing low risk trading strategies through managed accounts is rolling out its highly acclaimed managed trading services to retail private investors for a limited amount of time.

What is a Managed Account

A managed account (sometimes called a wrap account) is a type of investment management service that packages together a group of investments for you. Some managed accounts offer a good service for the price; others have high fees and tax inefficiencies. The challenge is figuring out which is which.

Types of Managed Accounts

An investment advisor may manage a portfolio of stocks, which is often referred to as a "separately managed account."  An investment advisor may also manage a portfolio of mutual funds; if this mutual fund management service also covers the brokerage fee costs it is called a "wrap account." 

A financial advisor may recommend you invest your money in both separately managed accounts and wrap accounts, in which case you may be paying several layers of investment fees.

Fees in Managed Accounts

Layers of fees can make the wrong type of managed account excessively expensive; remember the higher fees, the lower the returns for you. Investment management is not a service where paying more delivers higher returns. As a matter of fact, it has been proven in mutual funds that the higher the mutual fund fees, the lower your returns from that fund are likely to be.

To talk to Fomax Capital about your options, Please contact us through our website.

Media Contact
Company Name: Fomax Capital
Contact Person: William Rhys-Davies
Email:Send Email
Country: United Kingdom
Website: www.fomaxcapital.com