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You do know there are hedge funds out there charging 2% on AuM + 20% of profit (or higher) to access crypto, right?
by charlesdm 9y ago
You do know there are hedge funds out there charging 2% on AuM + 20% of profit (or higher) to access crypto, right?
- JumpCrisscross 9y ago> there are hedge funds out there charging 2% on AuM + 20% of profit (or higher) For alpha, or the attempted pursuit of it (or a specific risk-return and liquidity profile). The point of index funds is their lower cost.
- zone411 9y agoExactly, the comparison to hedge funds is not valid. Vanguard S&P 500 ETF has an expense ratio of 0.04%.
- deleted 9y ago[deleted]