Corey Hoffstein: Most no-transaction-fee mutual funds pay Schwab 40 basis points annually

Corey Hoffstein: Most no-transaction-fee mutual funds pay Schwab 40 basis points annually
Schwab mutual fund platform fee structure

Corey Hoffstein questions concerns arising among ETF industry participants regarding fee structures. According to Hoffstein, in the mutual fund space, Schwab's Mutual Fund OneSource allows investors to access no-load, no-transaction-fee funds. Most mutual funds in this program pay Schwab 40 basis points per year, a cost that can theoretically be passed on to mutual fund investors.

Hoffstein has recently noted other developments across the ETF sector. He highlighted the achievement of $4 billion in ETF assets under management and $62 billion in platform AUM at Tidal, as reported in his recent update. In a separate analysis, Hoffstein compared how stacking managed futures works in portfolios combining S&P 500 or U.S. bonds with managed futures allocations, according to a prior review.

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