This ETF tracks the performance of an index of U.S. consumer staples companies. This fund reinvests dividends back into the fund. It also uses derivatives to hedge currency risk.
Does anybody know if the “ Ongoing charges of £45.47” mentioned under “Costs and charges” are taken from the funds through Freetrade ?
The £45.47 ongoing charge would be from the 0.15% on going charge figure (OCF) that the ETF provider (in this case iShares) charges. This automatically comes out for the return of the ETF.
Hope this helps