How to make sure your fund manager earns his keep

Actively managed mutual funds often don't out-perform tracker funds – yet many charge high management fees. So how can you ensure your fund is worth the money you're paying?

If you want to make big returns on your investments year after year for many years, listen to David Swensen. Swensen is the widely respected chief investment officer of the Yale Endowment Fund. He made Yale more than 16% per year for two decades. That kind of compounding gives you 20 times your money in about 21 years. Imagine retiring with 20 times what you have right now.

Making that kind of money as an investor is a rare achievement. Mutual fund investors know this better than anyone...

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.