STXLVL at R15.22 is tracking a reasonable yield for a low-vol fund, but you're paying for defensive positio…by @sceptic_pieter on $STXLVL

STXLVL at R15.22 is tracking a reasonable yield for a low-vol fund, but you're paying for defensive positioning. The real question is whether that drag on upside is worth sleeping better when the market gets choppy, because the fee structure will eat into your returns in a strong