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by clircle 781 days ago
Those wall street middlemen are way better a designing mutual funds and ETFs than I am. I am happy to pay for their expertise.
2 comments

> Those wall street middlemen are way better a designing mutual funds and ETFs than I am.

Unless those mutual funds or ETFs are passive index funds, no they are not (unless the design is meant to extract fees):

* https://www.ifa.com/articles/active-fund-managers-benchmark-...

They appear to me as a make work project for the financial market professionals. I wonder if inflation is currently tied to volume of trades that are needed to maintain our economy.