The article says 0.20% fees. This here says 0.02%.
The article is based entirely on an assumption 10x higher than Vanguard's institutional fees. He declares it cheap relative to mutual funds, which is an absurd comparison.
The lower bound of his fee comparison is 8 basis points, which is 4x higher.
The article is based entirely on an assumption 10x higher than Vanguard's institutional fees. He declares it cheap relative to mutual funds, which is an absurd comparison.
The lower bound of his fee comparison is 8 basis points, which is 4x higher.