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...
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
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Interest rate outlook unchaged