New York Discovers Wall Street Charges Fees

Re:New York Discovers Wall Street Charges Fees by nattaggart on Friday April 10, 2015 @12:21AM (#9352569)

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.

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Re:New York Discovers Wall Street Charges Fees by cjhopman on Friday April 10, 2015 @03:27AM (#9352930)

Vanguard institutional plus is 0.02%

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Re:New York Discovers Wall Street Charges Fees by nattaggart on Friday April 10, 2015 @12:47PM (#9355532)

Thanks for the correction. Institutional funds were off my radar but they definitely apply in this case.

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