Not exact matches
So if your ETF is charging
even more than the
average traditional
mutual fund, or
average index ETF, and it's not doing something wholly different from everybody else — or underperforming — think twice.
EHI's fees are pretty high (well into
mutual fund fee range) considering that the
average ETF's fee is around 0.53 % < >, but
even after the slight dividend cut it's getting a 10.0 % yield for me, so the high fee is... tolerable.
The
Average method is available for all mutual funds and most ETFs and uses the average cost basis for all of your shares, even if you are selling just a few of them at
Average method is available for all
mutual funds and most ETFs and uses the
average cost basis for all of your shares, even if you are selling just a few of them at
average cost basis for all of your shares,
even if you are selling just a few of them at a time.
While stocks and
mutual funds that invest in stocks have historically provided higher
average annual returns over the long - term, their year - to - year (and
even daily) fluctuations make them far riskier than long - and short - term bonds or bond
mutual funds.
This obviously puts
even the best robo advisors at a substantially higher cost than DIY investor could manage — but it is way way lower than what
mutual funds will charge (especially in Canada — the country with the highest
average mutual fund fees in the world!).
Even a seemingly small annual fee such as 1.27 %, the
average U.S.
mutual fund fee, can take away almost 30 % of your investment return when compounded over 10 years.
With so much capital invested in index
funds (which will fail to beat the market just because of the fees) it is
even more difficult for
average mutual fund returns to better the market
When
mutual funds first appeared in the 1920s, Ferri explains, there wasn't
even a generally accepted benchmark for the market as a whole: the Dow Jones Industrial
Average had been around since 1896, but it contained just 12 companies (increased to 30 in 1928), was weighted by price, and has never been a good measure of the stock market as a whole.
Bogle argued that the
average mutual fund should earn the market's return less costs, but investors earn
even less because they try to time the market:
Active
mutual fund managers can't
even beat passive
funds, yet Bennett espouses individual market timing of stocks for the
average Joe, and says the mind can not conceive otherwise?