#324 | The True Cost of Engineered Indices

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Quick Take For all of their real, purported and back-tested benefits, engineered indices come at a cost in the form of fees that aren't charged on standard indices such as the S&P 500. These fees generally take three forms - an implied volatility margin (around 0.4%), execution fees (0.1-0.15%) and intellectual property fees (0.1-0.25%). These […]