|
PureBytes Links
Trading Reference Links
|
No doubt SPDRs are a very useful investment vehicle but they
are still, after all, a "fund" with the related expenses
thereof.
The following was taken directly from the AMEX web site:
"...Expenses for the SPDR Trust are anticipated to be among
the lowest for investments of this type, currently at 18.45
basis points (0.185%)......"
Accordingly, Vanguard's .2 expense ratio is right in line.
Best regards,
Jim
On Thu, 23 Apr 1998, Chris Slaybaugh wrote:
>Given that most index funds actually underperform the indexes after fees (I
>don't know about Vanguard,) I don't know why most passive investors don't
>use SPYders. Lack of marketing, I suppose.
|