3 ms·
VIIIX's[0] Institutional Plus Shares (with a $100 million requirement) has an expanse ratio of 0.02%, so that's $200k. It would be hard to find someone at this
by desdiv 8y ago
VIIIX's[0] Institutional Plus Shares (with a $100 million requirement) has an expanse ratio of 0.02%, so that's $200k.
It would be hard to find someone at this salary level who can match the tracking performance of Vanguard. If they achieve a tracking error that's 1% higher than that of Vanguard's, that would mean an annual loss of approximately $800k compared to Vanguard (1,000,000,000 * 8% * 1%).
[0] https://institutional.vanguard.com/VGApp/iip/site/institutional/investments/productoverview?fundId=0854 https://institutional.vanguard.com/VGApp/iip/site/institutio...
- dev_dull 8y agoThis really is a no brained. With such a small fee with such a large investment you’d be extremely hard pressed to beat that performance (if all you wanted was to match an index).
- njarboe 8y agoPlus you can directly control the access to the account yourself. One fewer middleman to possibly scam you.