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@rforno Voya/ING perhaps being oriented or having a basis leaning towards a full retail priced "insurance company" mindset; causes me to place the company among others as; Ameriprise, Nationwide, etc. Our house does not have or need direct access to such companies for investments; as we're long time customers of Fidelity and the many offerings there. The "e.r" for LEXCX is probably in line with other LCV funds and so, the company can get away with the e.r. charge. NOTE: I have not looked at e.r. for a similar category index fund or etf that is passive managed.
The LEXCX ER is lower than many LCV funds I believe ... but still, I think it should be lower given how it is structured. I am not looking to buy it, I'm just opining about it b/c it's a somewhat unique fund.
@rforno Voya/ING perhaps being oriented or having a basis leaning towards a full retail priced "insurance company" mindset; causes me to place the company among others as; Ameriprise, Nationwide, etc. Our house does not have or need direct access to such companies for investments; as we're long time customers of Fidelity and the many offerings there. The "e.r" for LEXCX is probably in line with other LCV funds and so, the company can get away with the e.r. charge. NOTE: I have not looked at e.r. for a similar category index fund or etf that is passive managed.
Morn'in @Ted You continue to have a nice day, too. Smiling here, hoping the same for you and yours. ADD: last to this, as no context to original post. Apologies to those who wasted their time on this section. Sincerely, Catch
Comments
Not a bad list - I own PRBLX as the core in my Roth IRA and NSEIX has been a watchlist fave for a while, too.
For a trust that is essentially unmanaged, there is no reason why LEXCX should have such a high ER.
Voya/ING perhaps being oriented or having a basis leaning towards a full retail priced "insurance company" mindset; causes me to place the company among others as; Ameriprise, Nationwide, etc. Our house does not have or need direct access to such companies for investments; as we're long time customers of Fidelity and the many offerings there.
The "e.r" for LEXCX is probably in line with other LCV funds and so, the company can get away with the e.r. charge. NOTE: I have not looked at e.r. for a similar category index fund or etf that is passive managed.
Voya
The LEXCX ER is lower than many LCV funds I believe ... but still, I think it should be lower given how it is structured. I am not looking to buy it, I'm just opining about it b/c it's a somewhat unique fund.
Regards,
Ted
You continue to have a nice day, too.
Smiling here, hoping the same for you and yours.
ADD: last to this, as no context to original post. Apologies to those who wasted their time on this section.
Sincerely,
Catch