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Sentences with phrase «just closet index funds»
In other words, the vast majority of professional investors are
just closet index funds
charging high fees.
https://www.pragcap.com/
Not exact matches
A
closet
index
fund
is when the
fund
manager is simply trying to follow an
index
, which is a huge rip - off for you, since you could instead
just
buy an actual
index
fund
and pay an MER of 0.5 % instead.
http://www.moneysense.ca/
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