The Cost of Research
As published in Investment Report No. 53, May 2017, to support our growing internal research capabilities we buy in research selectively from third parties. The cost of this external research is currently paid for by both Troy and, as has been the industry standard, by Troy’s funds through broker commissions. We have taken the decision that from January 2018 Troy will exclusively bear the full cost of research, which will have the benefit of removing a transaction cost from the funds.
Troy Asset Management is an independent fund management company founded in 2000.