The question every endowment and foundation should honestly ask themselves: “Can we beat a low-cost ETF. ” The answer for nearly all of them is “No”. “We study nearly 375,000 nonprofit organizations, including about 40,000 that maintain endowment assets…Many funds underperform simple passive benchmar.
“We study nearly 375,000 nonprofit organizations, including about 40,000 that maintain endowment assets…Many funds underperform simple passive benchmar.