The Cost of Research
As published in Investment Report No. 53 (May 2017), previously, the cost of external research was paid by both Troy and Troy managed funds, through broker commissions, which had been industry standard. However, since January 2018, Troy managed funds no longer bear the cost of any external research consumption in aiding our investment process. Troy exclusively bears the full cost of research, reducing the transaction cost from the funds.
Troy Asset Management is an independent fund management company founded in 2000.