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The Hidden Dangers of the Great Index Fund Takeover
Index funds, as good as they are for investors, may be also indirectly harming consumers and workers, according to critics.
11 Jan 2020, 12:59 AM IST
(Bloomberg Businessweek) -- If you hold a stock market index fund, congratulations. The S&P 500’s total return was a thumping 31.5% in 2019, and a fund that passively tracks that benchmark delivered almost all those gains, minus a tiny fee—perhaps just 0.04% of assets. Now here’s something you probably weren’t thinking about when you clicked on the box to choose an index fund in your 401(k) or IRA: You were also part of one of the bi...
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