Harry Dent is Managing a New High-Expense ETF
Chuck Jaffe writes a critical piece about the new AdvisorShares Dent Tactical ETF. Jaffe analyzes the performance of a previous Dent production, AIM Dent Demographic Trends, which he managed from 1999 until mid-2005 when it was merged out of existence. The fund lost money over that timeframe and underperformed its benchmark by a substantial margin.
Dent’s new ETF will sport the highest annual expense ratio of any ETF at 1.56%. It will be challenging for Dent to outperform with that expense ratio anchor dragging him down.
Source:
http://www.marketwatch.com/story/new-etf-might-dent-your-portfolio-2009-10-02
***
Related Posts
-
iShares Silver Mining ETF IncreasedWith interest rates creeping up and the US Dollar...
- January 12, 2021
-
iShares Silver Miners ETF AddedThe iShares MSCI Global Silver Miners ETF (SLVP) was...
- December 21, 2020
-
Molson Coors AddedInvestors continue to pile into high-flying technology shares and...
- October 1, 2020
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Bill Ackman Thinks Diversification is for the Lazy
Bill Ackman made a speech at the Active/Passive Investor...
- March 4, 2010
