You pay an extra quarter percent to 1) not have to think about allocation and risk under-diversfication, and 2) commit to the "buy and hold" strategy since its

You pay an extra quarter percent to 1) not have to think about allocation and risk under-diversfication, and 2) commit to the "buy and hold" strategy since its withdrawal process is more cumbersome than normal trading. I think for most people this actually ends up producing better long term returns.