Stadion's McGough Says the Fee Wars in ETFs Are 'Tough'

The video discusses the concept of a fund of ETFs, highlighting the value addition of both passive and active strategies. It explores the competitive landscape of the ETF industry, noting the entry of major players like BlackRock and Vanguard. The discussion also covers the challenges of active management fees and the importance of educating investors on asset allocation. Finally, it examines current investment strategies, focusing on small caps and tech, and the impact of market trends.

What are the key differences between passive and active fund management as discussed in the text?

How does the speaker describe their competition with larger funds like BlackRock and Vanguard?

What challenges does the speaker face as an active manager in terms of fees?

Why does the speaker believe that combining active and passive strategies is beneficial?

What factors does the speaker consider when deciding to invest in small caps and tech?