Finance startup Bond Street issues loans to small businesses, many of which have
less -
than -
ideal credit, and it
's hatched a plan to stand out in the crowded
online lending sector.
The ETFs would cost no more
than 0.15 % and the fund company could add 40 or 50 basis points for managing the fund: with an all - in cost of
less than 0.70 % including taxes, it would
be cheaper
than Tangerine and
ideal for DIY index investors, no matter what
online brokerage they used.