Singapore scores C in 'global fund investor experience' report
No major weaknesses but market is more expensive and disclosures have room for improvement
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FUNDS in Singapore are expensive, are tied to advice that is not priced in a transparent manner, and are backed by inadequate disclosure reports.
The mediocre showing earned the mutual fund industry here an overall C grade - together with many others that include Hong Kong - in a biannual Morningstar Asia report released on Tuesday.
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