Do exchange traded funds have management fees?

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Do exchange traded funds have management fees?

2007-03-20 08:43:17 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing

4 answers

yes, but they are often smaller than mutual funds. If you have a specific etf you're looking at go to finance.yahoo.com, type in the ticker, and click profile on the left side of the screen.

SPY, the S&P 500 tracker, for example has an expense ratio of .08%:

http://finance.yahoo.com/q/pr?s=SPY

2007-03-20 08:47:02 · answer #1 · answered by Mr Chris 4 · 0⤊ 0⤋

Yes they do, but those fees are generally much smaller than similar fees for Mutual funds. Usually 0.5% or less, sometimes as low as 0.1%.

2007-03-20 08:47:30 · answer #2 · answered by Alexander K 3 · 0⤊ 0⤋

Yes.

2007-03-20 17:00:16 · answer #3 · answered by Anonymous · 0⤊ 1⤋

Of course. Nothing is free.

2007-03-20 08:50:36 · answer #4 · answered by Quixotic 3 · 0⤊ 0⤋