FYI: Exchange-traded funds, which are the vehicle of choice for index-tracking investors, harbor hidden costs that are big enough to dent portfolio performance.
That’s the conclusion of recent research, which runs counter to ETFs’ reputation as efficient, low-cost instruments that have attracted $2.23 trillion of assets in the U.S. alone. Most investors are unaware of these hidden costs, the researchers say, and don’t take them into account in making investment decisions.
Regards,
Ted
http://www.marketwatch.com/story/these-hidden-etf-fees-are-sucking-money-from-your-investment-returns-2016-06-28/print
