Ep. 7 I💰 How a 1% Fee Could Quietly Cost You Millions | Understanding Investment Fees (Part 1)

Описание: Most investors focus on performance — but the real drag on your wealth often hides in the fine print.

In this episode of The Enough Club, me, Bryan Nicol, and Pieter de Villiers from ‪@MoneyMarx‬ unpack the truth about investment management fees — what they are, how they work, and why every smart investor should understand them.

We explain:
🔹 The four layers of the Effective Annual Cost (EAC) — investment management, advice, admin, and other fees
🔹 The difference between active and passive funds, and why one isn’t automatically better than the other
🔹 How to read your TIC (Total Investment Charge), TER (Total Expense Ratio), and transaction costs (TC) on a fund fact sheet
🔹 What performance fees really mean — and why they’re being phased out
🔹 Why South African investors often pay higher costs than those in the US or UK, and how to decide what’s reasonable

💡 This episode isn’t about avoiding fees — it’s about understanding them so you can make informed, confident decisions and keep more of your returns working for you.

Whether you manage your own portfolio or work with a financial planner, knowing how investment management fees impact long-term growth is a crucial part of building lasting wealth.

👉 This is Part 1 of our three-part series on investment fees, stay tunes!

Follow us on LinkedIn for more free education:

Bryan.   / bryan-nicol-cfp  
Pieter.   / drpieterdevilliers  

🧾 Disclaimer:

This content is for informational and educational purposes only. It is not financial, tax, or legal advice. Always consult a qualified financial advisor before making any financial decisions.