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![]() I keep reading about charges for ETFs, I did buy an ETF and noticed I payed a little extra in commission.
Does this mean I don't pay commission again or do I get dinged a certain amount each quarter, or only pay fees exactly 1 year to the date? I've read everywhere and haven't found any details of when and how the "management fees" are taken from ETFs. My understanding is the following: 1.) You pay extra commission/fees when buying ETFs compared to a normal stock 2.) You pay extra commission/fees when selling. 3.) You are charged management fees while holding the ETF, but it's not clear if it's charged annually, quarterly etc.. Is this an industry secret? |
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