How do ETFs work?
I am interested in putting a Japan ETF in my ISA portfolio. I understand I can buy an ETF in a similar way to buying shares, ie there is a bid/offer spread and I pay for the dealing charge, however there is also an 'annual fee' of about 0.7% mentioned? How does this work, ie when and how is that 0.7% fee taken from my account?? Thanks
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3 Answers
06 January 2010