4 ms·
Fund of funds get hit pretty hard by fees since each fund takes out there fee and then the fund of funds also takes out it's fee.
by xntrk 14y ago
Fund of funds get hit pretty hard by fees since each fund takes out there fee and then the fund of funds also takes out it's fee.
- hkmurakami 14y agoIIRC the hedge funds take the usual 2 and 20 (though Renaissance Technologies apparently takes 5 and 36 now), then fund of funds takes 1 and 10 on top of that.