GAL itself charges just 0.35% per year, an expense ratio that is on the low end for both actively managed and fund of funds strategies.
GAL’s other marquee holdings include the holdings include SPDR World ex-U.S. (NYSEArca: GWL) and the SPDR S&P 500 (NYSEArca: SPY).
“To sum it all up, a fund of funds is an incredibly useful investment vehicle particularly for those who know the importance of having an investment plan, but perhaps do not have the time or knowledge to construct a well-diversified portfolio from scratch, nor perhaps, employ a personal investment advisor,” adds the Seeking Alpha article.
SPDR SSGA Global Allocation ETF
Tom Lydon’s clients own shares of SPY.