3 ms·
Yeah, the oil fund averages just 0.25% above index, and that's without the extra cost of being actively managed factored in (although its huge size probably mak
by kristofferR 10y ago
Yeah, the oil fund averages just 0.25% above index, and that's without the extra cost of being actively managed factored in (although its huge size probably makes it impossible for it to be passively managed).
- 010a 10y agoAre you aware how much 0.25% of $800 billion dollars is? Now, go ahead and complain about a $60M compensation.
- robryan 10y agoSo at this stage factoring in the active management cost they are outperforming the market. Of course we don't know in the long run whether that will continue to be the case.
- ascorbic 10y agoIt's hard to beat the market when you're bigger than many markets.