FYI: Conflicted corporate cultures are duplicitously devising ways to contaminate low-cost index funds. Theses toxic germs poison everything in their path. The blight of high fees shows no mercy. This mutating virus infiltrates even the most formidable financial immune systems.
Daren Fonda defended the faith in his outstanding Barron’s article, Investors Might Be Paying Too Much for These Index Funds (from which I am quoting in this post). He exposes market-tracking index funds, from the likes of J.P. Morgan and Wells Fargo, which charge over 1%. Better-informed investors can currently purchase identical funds from Vanguard and others at a 90% discount.
Regards,
Ted
https://tonyisola.com/2019/01/viral-deception/