Observations and Perspective about Economics and Personal Finance
Monday, June 27, 2011
Strategized Index Funds??
Saw this interesting article on many index funds that are "upgrading" by "strategizing" their portfolios. The article says more than 20% of stock index funds have annual expenses greater than the average for actively managed stock funds of 1.36%/yr.Wow!
I am the Founder/CEO of J.E. Wilson Advisors, LLC in Columbia,S.C. We are the oldest S.C. based Fee-Only financial planning/wealth management firm in S.C.
I am a veteran of over 30 years in the financial services field, first with a national stock brokerage firm and since 1982 my own advisory firm.