MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, June 12, 2013 Rekenthaler Talks Stock Bubble, Weitz Value and ETFs John Rekenthaler wrote about the stealth bull market, Weitz Value and transparency with ETFs in his Morningstar column. Rekenthaler disagreed with naysayers predicting a stock market bubble. Rekenthaler explained why Morningstar rated Weitz Value Silver instead of Gold, explaining that 1.2% expense ratio on a $1.1 billion fund is old school. The industry no longer permits that kind of pricing unless the fund has "an absolutely dominant record." On the ETF front, State Street filed to run three actively managed ETFs. State Street is looking to avoid the usual portfolio transparency offered by ETFs, so fund portfolios could not be seen on a regular basis. Printed from: MFWire.com/story.asp?s=44238 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |