Not exact matches
This year cast doubt on the sustainability of these returns, and coupled with
high fees, a 2 % annual
management fee and a 20 % cut of the profits, many have opted to take control of their own investments
rather than trust in crypto hedge funds.
We use
management fees,
rather than the slightly
higher management expense ratios (MER), for ease of comparison.
DGI — I'd
rather have an ETF that contained every security but the
management fees would probably be
higher as well.
Second, when a hedge fund charges excessive
management fees, which are based on size of assets under
management,
rather than performance
fees which are based on how much money they make for you, a hedge fund manager tends to focus more on growing AUM
rather than generating the
highest possible risk adjusted returns.