Investors must look beyond the headline total expense ratio (TER) when investing in ETFs and "take a more holistic approach" to assessing the total cost of owning an ETF, according to a research note by Morningstar.
The note, entitled Calculating the Total Cost of ETF Ownership, said the total cost of owning an ETF is split between two parts; the holding costs and the transaction costs. The relative importance...
Funds by Amundi and Lyxor among entrants
European Fund and Asset Management Association
Will join IA sectors Q1 2020
Inflows of $99.1bn in Q1
Vote held 17 June
£500m+ rumoured sale sum
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In last four years