The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Portfolio Management Fee?||Date: 3/20/2006 12:16 PM|
|Author: Hawkwin||Number: 50616 of 77564|
Most actively managed funds have signifigantly higher annual expense ratios than passively managed.
Most? Do you have some proof to back that up? Not a single fund in the wrap account has a higher op expense than their associated passively managed A share fund. It would be nonsensical to charge more for such.
I don't know where you get that idea. I and R shares are always cheaper than their comparable A share. That is why they often require 1 million plus to buy an I, R, or select share class.
Here is a good example:
Thornburg Value I class:
Min investment 2.5 million, op expense .98
Thornburg Value A class:
Min investment 5k, op expense 1.40
What funds do you work with where the wrap op expense is more?
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|