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Rising Star
My understanding is that, since ACN has a large pool of money collectively invested, employees are offered institutional shares. The expense ratios are lower, which is good, and I think that’s the only material difference, but I could be missing something.
Inbeleive this is correct. Most of our fund options are trusts now. I believe that they function the same as mutual funds but are lower fees.
Pro
It’s fine. My gf has the same thing. It’s the same exposure, but lower fees. Only the largest employers can negotiate these deals - it’s a benefit. Buy it