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does the ETF turnover rate still matter ? Yes. ETFs are not "retail traders" but "institutional traders" and will have different fee structures. Plus they have implicit transaction costs when rebalancing by having to pay the bid price when selling and the ask price when buying (called "crossing the spread").


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This is actually noted in the fact sheet for the fund: The management fee is equal to the fee paid by the Vanguard fund to Vanguard Investments Canada Inc., and does not include applicable taxes or other fees and expenses of the Vanguard fund. This Vanguard fund invests in underlying Vanguard fund(s) and there shall be no duplication of management fees ...


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Most investment funds fees charge according to Net asset values(NAV). I.e., your investment will rise or fall over time, the charges are based on closing asset value. According to this UK vanguard fees page, the account fees are capped to £375 and free if the NAV is above £250,000. For the complete charges information, you should read this costs table. ...


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No, your MER on VFV is 0.08% the reason why it’s higher than the 0.03% is that if you held the underlying asset VOO you would be subject to foreign withholding fees. You can actually use this to your advantage though by buying VOO in your RRSP (which allows you to waive the foreign withholding fees because it’s a retirement account) and holding VFV in your ...


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Im assuming you’re in the UK? I’m not sure what the .15% account fee is you’re referring to but assume it’s something your brokerage firm charges? The ETF itself has an expense ratio of .07%, which is deducted from the etf itself vs deducted from your account. An ETF has no say regarding what fees are charged to buy or sell its shares. If there is a ...


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It used to be tax deductible if your investment expenses exceeded 2% of your AGI, but it's no longer deductible. I'd consider looking at alternative brokerage firms as that seems very high. In my opinion, these types of fees are likely to increase across the board to offset the zero trading commission marketing efforts. Schwab article on deductible ...


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