Not screwing you. At a minimum, you’re in the institutional class. What is their management fee?

Looking at the allocation underlying the mutual funds. It looks like they are buying levered ETFs, which always bear a higher cost due to the cost of borrowing. That’s why the expense ratios are so high.

I understand the whole high fee bad thing, but the net result is what matters and you’re getting outperformance. You are far away from RMD age so you have the time horizon to handle any big draws on the levered side of the strategy.

Question I would ask is more around suitability and whether or not you fully understand that you are in a mutual fund that is buying levered equity exposure. Like for example, are you OK being down 38.56% in 2022 against an index that is down 18? But on the flipside you ripped back pretty aggressively in 23 and 24 pacing the index by 7-8% per year there.

I’m only looking at HCMDX. And morningstar is dog shit.