Hi all, I have what some might call a silly/dumb question, but here it is!
I have enough invested in RSEMX (Royce Special Equity Multi-cap) to exchange into the Inst. class RSMCX. The annual fee difference is .15% (1.24%; 1.39%, respect..) according to the 2013 Annual report.
Is my math correct; $100,000 * .0015 = $150 annual savings? Is this enough savings to offset the inconvienence of the $75 transaction fee for purchasing RSMCX through FIDO?
The performance difference (according to M*) is .1% last year (2012) and .15% YTD 2013.
Any and all thoughts are welcome!!