So you have a client that wants to know what's better, ETFs or mutual funds. What do you tell them?
You might be able to find which option is best for a given investor's portfolio more easily with the help of a new online tool recently introduced by Rydex Investments.
The Rydex calculator prompts advisors to enter all aspects that could affect their costs — such as number of trades, holding period, transaction/commission costs, annual expense ratio, share price and bid/ask spreads — to see which investment vehicle (ETF or mutual fund) might be most suitable in a given situation.
