“The larger the fee the less that it performs. It’s kind of a straight line.” financial adviser David Marotta charted the fees and 10-year returns for dozens of S&P 500 index funds. “Since these funds all track the same index and their performance is roughly the same, the fees will largely determine how much of…
Category: mutual funds
How did you pick the funds in your retirement account? ABC…
A paper published in the Financial Review concluded that when selecting funds within their 401(k) plans, many people choose the options at or near the top of alphabetical lists. “It’s absolutely amazing how powerful this effect is and how much it is really distorting what’s being invested in,” said paper co-author Jesse Itzkowitz. As reported…