Given an ETF or index fund that tracks a foreign index but is offered in your country's currency, how can you know how much money is the ETF/Fund management taking when exchanging currencies?
For example, let's suppose that the sterling pound is worth 1.1 USA dollars at a particular moment. If you get $110 in dividens, you should actually receive £100, but the fund managers will take part of that, right? Can I see what part will they take in the ETF/Fund brochure?
Real example: Vanguard offers an ETF you can buy in pounds sterling and that tracks the S&P 500 (VUSA).