Assessing the Total Cost of ETF Ownership: A Real World Example
June 18, 2015 at 08:20 AM EDT
One of the biggest reasons exchange funds are steadily pilfering assets from actively managed mutual funds is cost and data suggest massive inflows to cost-efficient funds is helping drive fees lower. “The asset-weighted expense ratio across all funds was 0.64% in 2014, down from 0.65% in 2013 and...