An investment’s after-tax and after-fee return is the one that really matters.
Too often, investors fall into the trap of focusing too much on an investment's nominal return without taking tax and fees into account. This can, of course, give a misleading impression of their real return.
An article in the May issue of Superfunds magazine, published by the Association of Superannuation Funds of Australia (ASFA), examines how large super funds are preparing to meet their fast-approaching legal obligations to adopt after-tax investing practices.
