The cost of indulgence in 2021

The cost of indulgence in 2021

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source. My reporter provided the answer:

5bps: IVV (Column 3) (iShares Core S&P 500 ETF)

15bps: Escou (Column 1) (iShares ESG Awareness MSCI USA ETF)

30bps: University of California Union (Column 2) (BlackRock US Carbon Transition Preparation ETF) “Major changes” Quote from BlackRock

Although the answer is almost irrelevant, I haven’t checked it independently yet. Fees and portfolio tell the story. Obviously, any claim that the ESG product portfolio will outperform after the cost is too high.

When i do mine Senate testimony Regarding financial regulation and climate change, someone (who I forgot) suggested that financial regulators really crack down on ESG, carbon, diversity and other virtues of investment managers and large companies. I wholeheartedly agree. Of course, we have different motives. I think the person who suggested it wanted to make sure that the company actually fulfilled all their virtue promises. I think that being forced to prove one’s virtues and the criminal penalties for securities fraud pending will show how empty the whole work is.

Update: To be clear, I fully support the free market. If people want to pay 30 basis points for the smooth, feel-good marketing materials attached to their S&P 500 funds (click the link above), then they and the producers of such materials will have more power. Of course, it has spent 30 years complaining about the “bubble” and “overpriced”, and the “speculative enthusiast” central bank may not want to continue to take such measures. once again.



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