The YouTuber advises avoiding FA due to its poor performance, noting a 5.4% annualized return since inception, which significantly underperforms a broad S&P 500 ETF. He argues that the fund's reliance on manager skill has not translated into strong returns, making it an inefficient use of capital compared to simpler, higher-performing alternatives.
“really a stock that has gone nowhere since its Inception you have to put your money where it's going to work harder against that 5.4% annualized return just a broad ETF covering the S&P 500 has made a 15% a year return.”