'Smart beta' ETFs may not be the smartest bet over the long-term
Investors with smaller accounts who buy funds, stash them away, and then largely forget about them will be served well by T shares.
They performed well--but not well enough.
T shares won't immediately revolutionize the financial-advisory industry but will ultimately be a positive for investors.
Buyer beware when investment marketers give performance comparisons.
It's difficult for mutual fund producers to lose a lawsuit, but it's a different story for corporate buyers.
For some funds, size isn't the 'enemy of performance'