Corey Hoffstein ๐ดโโ ๏ธ
@choffstein
CEO & CIO, Newfound Research | ๐ฅ Return Stackedยฎ ETFs | ๐ Liquidity Cascades | ๐ Rebalance Timing Luck | โก๏ธ Risk cannot be destroyed, only transformed.
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October 2009
1.2K ํ๋ก์ ์ค 86.2K ํฌ
Well, I definitely wasn't expecting this proposal.
Performance fees coming to a mutual fund or ETF near you?
SEC has issued a proposal that would allow OE funds/etfs to levy perf-based fees in a fashion akin to how HFs/private funds do it (ie, up to 20% of gains). Currently, funds can only levy perf fees using fulcrum-fee structure. This would liberalize that.
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