information at one place
i’m looking into etfs as well at the moment. the one thing i dont understand is that they mention a management fee, would this come out of the distributions, or do you pay it on top, or does it just come out of the value of the fund? i suppose it cant be the latter, otherwise the price of units in the fund woudln’t keep track with the index…
also, can distributions be franked?
confused…
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