How are ETF fees collected in Freetrade?

Help 👋
1

I couldn’t find anything under the help section about this. Thanks in advance!

Edit: Corrected title “EFT” to “ETF”

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2

It’s included in the price

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3

But ETF’s have ongoing charges every year which are usually a percentage of the holding. I’m not sure how these fees could be included in the price.

4

Here’s a pretty good explanation -

Investment management fees for exchange-traded funds (ETFs) and mutual funds are deducted by the ETF or fund company, and adjustments are made to the net asset value (NAV) of the fund on a daily basis. These management fees are never directly seen on any investor statements and are handled in-house by the fund company.

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5

Ahh I see - this makes sense! Thanks to both of you!

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6

Vanguard has cut fees today on many ETF’s.
This will benefit people who buy them on Freetrade :freetrade:

Index fund fees cut also.

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