3 ms·
> Those wall street middlemen are way better a designing mutual funds and ETFs than I am. Unless those mutual funds or ETFs are passive index funds, no they ar
by throw0101d 3y ago
> Those wall street middlemen are way better a designing mutual funds and ETFs than I am.
Unless those mutual funds or ETFs are passive index funds, no they are not (unless the design is meant to extract fees):
* https://www.ifa.com/articles/active-fund-managers-benchmark-analysis-sp https://www.ifa.com/articles/active-fund-managers-benchmark-...
- detourdog 3y agoThey appear to me as a make work project for the financial market professionals. I wonder if inflation is currently tied to volume of trades that are needed to maintain our economy.