Business
The Reddit army’s passive attack on vanilla ETFs – The Australian Financial Review
Investors in two of the safest and cheapest funds on the ASX got a rude shock on the last day of the financial year.
BlackRocks $650 million iShares S&P500 hedged ETF (IHVV) has gained almost 40 per cent this year, while the $1.7 billion Vanguard MSCI global hedged ETF (VGAD) gained close to 36 per cent. Given the low fees of 10 and 21 basis points, thats about as good…
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