Erik Reuter wrote:
>
> The annual fee for an index fund is about 0.1%. So, 0.1% of $100B is
> $100M. In actuality, it will be lower, since such a large account
will
> be able to get economies of scale. Very large pension funds
currently
> can get 0.05%.

Maybe I'm misunderstanding here, but you are saying that 100B is a
large account and will make less money?

Gee.....you would expect the opposite to be true.
So do fabulously wealthy people put their funds in many smaller
accounts in order to maximize their earning potential?


xponent
What's Up With That? Maru
rob


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