I've attached a piece, authored by Evoke Advisors, that discusses the importance of greater fee scrutiny.
"We are likely in a lower return environment for the foreseeable future (mainly because of low interest rates). Therefore, fees – which the industry established during higher returning periods when there were fewer low-cost passive options – should fall under greater scrutiny."
Anacapa is proud to offer a 50bp management fee and a 35bp performance fee that keeps our interests aligned.
Kin