3 ms·
Strangely the 0.05% management fee I pay covers the fix costs of my mutual fund.
by wbl 2y ago
Strangely the 0.05% management fee I pay covers the fix costs of my mutual fund.
- brilee 2y agoA market is very liquid and trading is cheap, and the relevant starts are publicly aggregated. Transactions for an index fund are probably billions a day in rebalancing, withdrawal, and purchases. Startup transactions take $x0,000+ in legal fees, travel costs, due diligence from domain experts, and weeks of labor for single or double digit million dollar deals. Are you seriously comparing the two?