[Caymus]

Originally Posted by kingofbeer

I never heard of an investor look at the tax part of the AUM fee. For example, if you have $1 million and the fee is 1%. Your fee is $10,000. However one would expect your return on your account to exceed 1%. 5 to 7 % would be a reasonable return. At 5%, your gains would be $50,000. 50,000-10,000 = 40,000. Your net gain after fees is $40,000.

You can get 5 to 7% by tossing a dart at a list of broad based ETFs taped to a wall.