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ETF's Actual Management Fee vs. Actual Management Expense Ratio(MER)?
I was hoping someone might be able to answer this for me. What is the difference between the two and when are these deducted
eg. If I purchase $1000 worth of XEG.TO and my commissions are $9.99 how do are the fees reflected in my purchase and or sale of the fund.
Many thanks
d.
3 Answers
- Anonymous10 years agoFavorite Answer
They do not. They are reflected in the return that you receive from the fund "at the end of the period" in question.
If, for example, the fund generates an income of 3% in the year just ended. If the fees are 2%, they are going to pay you 1% in dividends or retained earnings (Net Asset Value).
- JenniferLv 45 years ago
RE: What is a good expense ratio and management fee for an ETF? What's too much for an expense ratio and managment fee? I am currently investing in some ETFs that are commission free. I still want to get the most on my returns so I know I have to look into expense ratios and management fees on the ETFs.
