The things I have learned on this forum. Just when I thought I was starting to get a pretty good grasp on things in wanders a "closed end fund" of alternative assets.
I am very much in the shoes of the OP in that I have absolutely no idea what this fund is, how it works, or what it even invests in, none whatsoever. And for that very reason, I would be looking to get out of it. Expense ratio of 1.67, invests in "alternatives", and I cannot get out when I want? That sure seems antithetical to Bogle's mission of keep it simple and keep costs low.
This is another great illustration of the genius of a simple 3 or 4 fund index portfolio. Simple, cheap, and it beats 90+ percent of all other options out there.
I am very much in the shoes of the OP in that I have absolutely no idea what this fund is, how it works, or what it even invests in, none whatsoever. And for that very reason, I would be looking to get out of it. Expense ratio of 1.67, invests in "alternatives", and I cannot get out when I want? That sure seems antithetical to Bogle's mission of keep it simple and keep costs low.
This is another great illustration of the genius of a simple 3 or 4 fund index portfolio. Simple, cheap, and it beats 90+ percent of all other options out there.
Statistics: Posted by spacemanspif — Wed Apr 10, 2024 3:05 pm — Replies 21 — Views 2047