Morningstar urges investors to look beyond TER when analysing ETF costs
Trading and holding costs
Ben Johnson of Morningstar
Investors must look beyond the headline total expense ratio (TER) when investing in ETFs and "take a more holistic approach" to assessing the total cost of owning an ETF, according to a research note by Morningstar.
The note, entitled Calculating the Total Cost of ETF Ownership, said the total cost of owning an ETF is split between two parts; the holding costs and the transaction costs. The relative importance...
