标题: What is non fee paying account? [打印本页] 作者: pimpineasy 时间: 2011-7-11 19:12 标题: What is non fee paying account?
Why so good? No need pay fee?作者: bodhisattva 时间: 2011-7-11 19:12
On behalf of everybody in this forum, I thank you for tanking this test.作者: lcai 时间: 2011-7-11 19:12
Example: A subadvisor loses a major account which existed for a long time. To preserve the GIPS composite history they will fund another account with some seed money and continue to invest in the strategy for themselves. The hope is some other large account will come and invest . In the meantime GIPS composite history continues without break.
This will obviously be non-fee paying because they are advisor and investor both作者: Chuckrox 时间: 2011-7-11 19:12
LOL, well to be quite frank, it's an account where the investor doesn't have to pay a fee. Who wouldn't want that? If Bill Gross came up to you and offered to manage your measly 401k for free, would you not accept that offer??
Well, that's assuming you don't think you can do a better job at managing it than he can, but that's an entirely different story.
NO EXCUSES作者: cityboy 时间: 2011-7-11 19:12
crap i just realized i said tanking... i intended to say taking, which was obviously sarcastic to begin with but not quite as outright evil as tanking. Freudian slip i guess.作者: zwjy 时间: 2011-7-11 19:12
Seriously pls advise me on wat is wrong with asking this qn? Am i dumb?作者: ohai 时间: 2011-7-11 19:12
I think your question has already been answered. I am not really sure what you are asking? Are you asking me if a non - fee paying portfolio is good because it doesn't pay fees?
I like free stuff, so i'd be inclined to say yes.作者: Zestt 时间: 2011-7-11 19:12
no, I think Marissa Tomei would be taking it in Brookyln.
