The investor in the mirror

In investing, the truth often lies behind a veil of simple numbers. This month's cover story reveals a sobering reality: the gap between what our funds earn and what we, as investors, take home. The figures are stark - funds achieve 18 per cent returns while their investors walk away with just 8 per cent. Where does the missing 10 per cent go? Not to hidden fees or market manipulations but something far more personal.