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Even an algorithm has some (although very small) management fee. The cheapest ETFs have an expense ratio of .05%. So from this perspective, it'd make sense to
by nattaggart 11y ago
Even an algorithm has some (although very small) management fee. The cheapest ETFs have an expense ratio of .05%.
So from this perspective, it'd make sense to go with the human fund manager who was beating the market and charging exactly his outperformance.
- cjhopman 11y agoVanguard institutional plus is 0.02%
- nattaggart 11y agoThanks for the correction. Institutional funds were off my radar but they definitely apply in this case.