The Impossible Sale: An S&P 500 Index Funds at 60bps with a 3% Sales Load
Got a great story on an S&P 500 index fund that you won’t believe.
Consider a S&P 500 Index Fund with $2B in assets that charges a 60bps management fee and a 3% front-end sales charge.
Think this is impossible? Think again…this exists in the real-world!!!
Here is the performance since inception relative to SPY from 2/2004 to 3/2015:
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