Aaron_Kelly : 75 bps...no thanks
Harper lee Aaron_Kelly: An ETF could charge just 0.05 and not be worth it - and another ETF could charge 1.95 and be a bargain. The fact that this one is 75bps has nothing to do with whether it's a good investment or not.
Johnny Thunders Harper lee: At this moment, we have no performance to measure whether the ETF is a good or a bad investment. All we know is that they will charge .75%, which is high relative to other ETF's. Without a track record and a higher than average expense ratio, maybe we just throw this in the "Too Hard" pile to revisit later? Once we see some performance, then maybe we can then say the ETF is a bargain and worth the fee or wow, it really sucks and holders are getting fleeced in the process.
Apollod Wed Johnny Thunders: "At this moment, we have no performance to measure whether the ETF is a good or a bad investment". Exactly! Which is why it is wrong to say that .75% is too high. We don't know whether it's high or not.
ajkZbCYC8Q : Fee on the high side, I feel.
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A1EIIWLU1C : Funny, as I came here to add a comment about my annoyance with the word disruptive. "Innovative" used to do the trick, but apparently that isn't edgy enough.
oXrssHBsXw : Marketing-wise, this reminds me of the “Internet Tollkeeper Fund (GITAX)” I bought in ‘99. Fees were brutal.
Baby u : As GS shareholder I love it, 75 BPS ca-ching!, will not use it but there are plenty of managers and clients with plenty of cash who will.