Quote:
Originally Posted by fotze
What would a fund normally hold? $60 million?
|
There is no "normal" really. There are funds that are just starting out and then some gargantuan funds that hold billions of dollars. I see where you're goiong with this, but out of that 2.5% (or whatever the specific figure is) they run the fund, pay the costs and so on. I'm sure that there is money made here, but to get top quality management its not free.
Here is a link from above:
http://micro.newswire.ca/release.cgi...0613-0&Start=0
Before someone jumps all over me, I said it was a study, when it was in fact a survey...