What does your ETF cost? If your answer is the prospectus net expense ratio, you got it wrong. Of course the expense ratio is important. It rolls in the fees paid to those who manage a fund and to those who have custody of the assets. Those costs are deducted directly from your ETF's returns and mean less money in your pocket, says Ben Johnson, director of global ETF research for Morningstar. "As Jack Bogle (Vanguard's founder) has reminded us
Thursday 10 September 2015
That Low Cost ETF Could End Up Costing You
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
What does your ETF cost? If your answer is the prospectus net expense ratio, you got it wrong. Of course the expense ratio is important. It rolls in the fees paid to those who manage a fund and to those who have custody of the assets. Those costs are deducted directly from your ETF's returns and mean less money in your pocket, says Ben Johnson, director of global ETF research for Morningstar. "As Jack Bogle (Vanguard's founder) has reminded us
What does your ETF cost? If your answer is the prospectus net expense ratio, you got it wrong. Of course the expense ratio is important. It rolls in the fees paid to those who manage a fund and to those who have custody of the assets. Those costs are deducted directly from your ETF's returns and mean less money in your pocket, says Ben Johnson, director of global ETF research for Morningstar. "As Jack Bogle (Vanguard's founder) has reminded us
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment