Portfolio Fit: UCBG
· finance.yahoo.com
State Street just packaged a major university endowment strategy into an ETF charging a fee that rivals the cheapest S&P 500 index funds, but three structural constraints could make or break whether it belongs in your portfolio.
Quick Read
UCBG packages the University of California's 90/10 endowment strategy into a retail ETF at 0.06%, undercutting most endowment-style funds by over 1%...