For those of you in the US, the are a couple of funds which track politician’s holdings and invest/digest with them. NANC is the democrat tracking one and KRUZ is the republican tracking one.
This way, you too can stick your snout in the trough.
Interesting, thanks! I’d only ever seen it as amusing (UK based so couldn’t buy it anyway), but good to know how it actually stacks up. I wonder if that also means that Nancy herself would have been better to just buy an index tracker and avoid all the negative stories!
For those of you in the US, the are a couple of funds which track politician’s holdings and invest/digest with them. NANC is the democrat tracking one and KRUZ is the republican tracking one.
This way, you too can stick your snout in the trough.
They were both started in Feb 2023. So there isn’t a long track record to go by.
In the last 12 months.
NANC has gained 40%.
KRUZ has gained 27%.
VTSAX has gained 33.8%. (Vanguard total stock index)
They both have expense ratios of 0.75%.
VTSAX is 0.04%.
So you loose nearly 1% each year in management fees. That’s a lot.
Interesting, thanks! I’d only ever seen it as amusing (UK based so couldn’t buy it anyway), but good to know how it actually stacks up. I wonder if that also means that Nancy herself would have been better to just buy an index tracker and avoid all the negative stories!