This could mean the difference between giving up 2.4 %
of the
value of your assets every year to
mutual funds with
active management, and the fee
of 0.5 % a year or less for an ETF.
Among those who are failing to get excited about
active ETFs, James Peters, CEO
of Tactical Allocation Group, managing more than $ 1.5 billion in three ETF - based portfolios, says: «I don't see where they add any compelling
value other than being cheaper in cost and having a tax advantage over the traditional
mutual fund.»