There’s about $700 billion in tax inefficient asset allocation mutual funds that cost > 0.5%.
There’s about $20 billion in asset allocation ETFs that cost < 0.5%. (Now we have three of those.)
I at all times assumed that multi-asset ETFs would eat the mutual funds’ lunch. But it surely hasn’t occurred but. Of all of the areas the place ETFs are dominating flows, this stays one the place the high-fee incumbents nonetheless prevail.
Under is a listing of ETFs with over $50m in property and < 0.5% all-in charges. (I excluded ours, however you’ll find them at cambriafunds.com)
AOA AOK AOM AOR AVMA CGBL DDX DSCF ELM GAL GMOD INCM IYLD NTSX PBL RSSB TBFC TBFG