When are fees taken out of ETF/mutual fund?
I haven't seen fees like expense ratio taken since owning my ETF's/Mutual fund so when are they taken out? Maybe I missed it but maybe they are taken once I take out the funds or sell it?
- kswck2Lv 71 month ago
The fees are calculated into the share price. You do not actually get a statement of when or how much the fees are. But you do get a document in the mail that nobody reads that describes the process.