Comments on: Six reasons not to invest with Bolton in China http://monevator.com/2010/02/11/reasons-not-to-invest-anthony-bolton-ichina/ Make more money, invest profitably, retire early Sat, 11 Feb 2012 01:13:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: OldPro http://monevator.com/2010/02/11/reasons-not-to-invest-anthony-bolton-ichina/comment-page-1/#comment-24313 OldPro Thu, 11 Feb 2010 23:24:53 +0000 http://monevator.com/?p=3630#comment-24313 I've put money into initial fund raisings for venture capital trusts (vcts) in recent years where your standard braces-and-brunch broker will knock 5% off your initial investment which they take in commission fees. Going through bestinvest or that sort got you extra shares refunded by the discount broker. So I s'pose the same could happen with this IT? I’ve put money into initial fund raisings for venture capital trusts (vcts) in recent years where your standard braces-and-brunch broker will knock 5% off your initial investment which they take in commission fees. Going through bestinvest or that sort got you extra shares refunded by the discount broker.

So I s’pose the same could happen with this IT?

]]> By: Lemondy http://monevator.com/2010/02/11/reasons-not-to-invest-anthony-bolton-ichina/comment-page-1/#comment-24308 Lemondy Thu, 11 Feb 2010 22:43:58 +0000 http://monevator.com/?p=3630#comment-24308 The FT Money podcast for this week said that Fidelity would be paying IFAs commission if they get clients buy into the fund via the Fidelity ISA platform or monthly saving plan. I don't think it would be proper for the IT itself to pay commission; that's not in shareholders interests, right? The FT Money podcast for this week said that Fidelity would be paying IFAs commission if they get clients buy into the fund via the Fidelity ISA platform or monthly saving plan.

I don’t think it would be proper for the IT itself to pay commission; that’s not in shareholders interests, right?

]]> By: The Investor http://monevator.com/2010/02/11/reasons-not-to-invest-anthony-bolton-ichina/comment-page-1/#comment-24286 The Investor Thu, 11 Feb 2010 17:22:00 +0000 http://monevator.com/?p=3630#comment-24286 @Richard - Yes, I've read the same thing about Bolton, and obviously it's an extremely valid concern to raise. Given though that he retired two years ago to much fanfare and is already back I'm not convinced he'll before again within a couple of years, although 28 years is obviously pushing it. I've been collecting a list of great investors who are still working well into their 70s (in some cases into their 90s) as referenced in the article linked to above. Great to see you commenting here! :) @Richard – Yes, I’ve read the same thing about Bolton, and obviously it’s an extremely valid concern to raise. Given though that he retired two years ago to much fanfare and is already back I’m not convinced he’ll before again within a couple of years, although 28 years is obviously pushing it. I’ve been collecting a list of great investors who are still working well into their 70s (in some cases into their 90s) as referenced in the article linked to above.

Great to see you commenting here! :)

]]> By: Richard Beddard http://monevator.com/2010/02/11/reasons-not-to-invest-anthony-bolton-ichina/comment-page-1/#comment-24284 Richard Beddard Thu, 11 Feb 2010 15:54:49 +0000 http://monevator.com/?p=3630#comment-24284 Hi Monevator. As a confirmed China sceptic I think I can add something to your point 6. I'm sure I read Bolton say somewhere that he only plans to start this fund and run it for a couple of years, before handing over. Of course he might change his mind, but I'd think twice if a major reason for buying the fund is Bolton's name. Also I read somewhere else that the Investment Trust is going to pay financial advisers who persuade their clients to invest a fee, which I presume will be a drag on performance as very few investment trusts pay commissions. Maybe a number 7? .-= Richard Beddard on: <a href="http://blog.iii.co.uk/f_score-scores-in-the-uk/" rel="nofollow">F_Score scores in the UK</a> =-. Hi Monevator. As a confirmed China sceptic I think I can add something to your point 6. I’m sure I read Bolton say somewhere that he only plans to start this fund and run it for a couple of years, before handing over. Of course he might change his mind, but I’d think twice if a major reason for buying the fund is Bolton’s name. Also I read somewhere else that the Investment Trust is going to pay financial advisers who persuade their clients to invest a fee, which I presume will be a drag on performance as very few investment trusts pay commissions. Maybe a number 7?
.-= Richard Beddard on: F_Score scores in the UK =-.

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