If an ETF does not have an expense ratio (like EEN), will it eventually have one? And, how do we estimate it?

Answer 1

All ETF's have management fees (that's how they make money).

The Management fee for "EEN" is: 0.65%

The Fund's estimated total annual operating expenses are 0.93%, gross of any any fee waivers or expense reimbursements. These expenses are estimated for the Fund's initial fiscal year assuming an average net assets figure of $100 million. There is a contractual fee waiver currently in place for this Fund through December 31, 2009 to the extent necessary in keeping Fund operating expenses from exceeding 0.65% of average net assets per year. Some expenses may fall outside of this expense cap and actual expenses may be higher than 0.65%. Without this expense cap, actual returns would be lower.

Answer 2

all etf's have expense ratios een is not a valid etf. the expense ratio is set by the etf holder company.

Answer 3

according to this web site:
http://www.etfconnect.com/select/fundpages/etf_funds.asp?MFID=174770 EEN has an expense ratio of 0.65%