From the snippet above, they intend to use a simple value formula (so minimal research cost), and if they can keep turnover down they can
avoid high trading costs (and taxes on the investor).
Not exact matches
Low turnover noload mutual funds
avoid the additional drag of
higher securities
trading costs.
They
avoid high - fee mutual funds, keep their
trading costs low, and carefully manage their accounts to minimize taxes.
The portfolios are rebalanced every 12 - months and compounded annually to more realistically replicate what an individual investor might be expected to do to
avoid higher short - term capital gains tax and
trading costs.