![]() ![]() “Advisors are trained to evaluate and allocate based on the outlook for investment classes,” Skancke says. That’s roughly 35 basis points less than the 0.45% investors paid for fund investing in 2019, according to Morningstar’s most recent annual fee survey.Īlthough their fees have been attractive to investors over the years, Steve Skancke, chief economic advisor at Keel Point, says their asset allocation has been the key determinant of overall outperformance. Overall, the funds in this lineup have an average fee of roughly 10 basis points. Like its peers, the fund has a near-zero expense ratio of 0.02%. With $357.7 billion in AUM, the SPDR S&P 500 ETF Trust ( SPY) is by far the industry’s largest. It's just the magnitude between them: Apple, Amazon and Microsoft.” “When you look at the top three funds, their holdings are the same. “What’s driving the top-performing funds over the last decade is very simple,” says industry consultant Marc Pfeffer. ![]() In the past year, the lineup of both stock and bond funds have an average return of over 46%.Īside from their rock-bottom fees, the funds in this lineup have at least one more thing in common: their holdings. Home to more than $123 billion in combined assets under management, the industry’s 20 largest index mutual funds and ETFs have generated an overall 10-year gain of more than 10%, Morningstar data show. There aren’t many advisors without clients in at least one of these funds. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |