At the Money: Why Fees Really Matter

Eric Balchunas, an ETF analyst at Bloomberg Intelligence, dives into the critical impact of investment fees on long-term returns. He highlights the trend towards fee reductions and the emergence of zero-fee ETFs, making them appealing to investors. The conversation reveals how even marginal fee differences can lead to significant growth over time. Balchunas also discusses the evolution from mutual funds to ETFs, emphasizing their lower costs and greater tax efficiency, ultimately suggesting that savvy investors should prioritize fee management for optimal performance.