12767340, It's a passive mutual fund with moderately high fees Posted by PimpTrickGangstaClik, Mon Mar-30-15 07:30 PM
You could do the same thing yourself and it would 3 to 4 times cheaper.
Example: You have $10,000 to invest For their low end package, the fee is 0.35% per year. So you would pay $35 per year
But the funds they invest your money in have much lower fees: Vanguard Total Index (VTI) - 0.07% Vanguard Large Cap - 0.09% Vanguard Mid Cap - 0.09% Vanguard Small Cap - 0.09% Vanguard Emerging market - 0.15%
Their bond funds are similarly low cost too.
Mix that up yourself, you would probably be looking at $10 per year in fees.
But I guess there is the convenience/usability factor.
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