Do ETFs have fees?
Yes, ETFs have management fees. These fees are usually referred to and the ‘expense ratio. These are often shown as a percentage.
ETFs are managed by investment companies that charge a fee for their service. The companies make sure the money in the ETF is invested in the desired style of the investors. The fee covers all operational costs associated with managing the ETF.
For example:
If an ETF that has an expense ratio of 0.10%, that means that for every $100 you invest, you pay 10 cents. If you invested $1,000 in this fund, the fee would be $1.
Related questions View all Tips & Guidance
-
Q. Why Am I Still Receiving Statements?
We at Stash are legally required to send our clients statements for their account(s) in any month in which there was any activity or funds in the account. If you believe you should not have received a statement, log back into your account to see if your accounts are fully closed and… If you are fully closed with no funds in any of your account(s): Since your account is now fully closed and unfunded this would be your final statement.…
-
Q. Trying to Link your Stash with TD Bank?
As of April 25th, 2022, at 12:01a.m. ET, TD Bank implemented a change that requires all institutions, including Stash, to re-link once every 90 days if you linked your account via the Instant Link option using Plaid. What this means for Stash customers who are linked to a TD Bank account: This will not impact any deposits you make from your account,…
-
Q. Why did you sell part of my investments to cover my monthly subscription fee?
The way we initially attempt to charge the fee differs. We’ll try to pull from your Portfolio cash, linked debit/credit card, or Stash Banking1 balance first. If that doesn’t work, then we’ll sell a portion of your holdings in your Personal Invest Portfolio to cover the fee.…
Didn’t find your question?
Tell us what you’re looking for, and we’ll search for resources that could help.
Ask your question