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Recent Rash Of ETF Closings Could Leave Advisers Red-Faced
Let's face it, most ETFs and Mutual Funds (and I suspect Hedge Funds) are just asset collectors, like Ed Thorpe warns...few have an edge against the market.
The only thing they will guarantee is a management fee and/or a percentage cut of any gains.
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Let's face it, most ETFs and Mutual Funds (and I suspect Hedge Funds) are just asset collectors, like Ed Thorpe warns...few have an edge against the market.
The only thing they will guarantee is a management fee and/or a percentage cut of any gains.
Thanks Ted for sharing.