| Investors can access exchange traded funds on a normal brokerage account throughout the day. Consequently, people should be aware of all the explicit and implicit costs of using the investment vehicle.
For starters, investors will typically compare the explicit fee or expense ratio to determine how costly it is to hold onto an ETF. Most have adopted ETFs due to their cheap fees, especially when compared to traditional mutual funds. The average mutual fund charges 1.25%, writes Dan Moskowitz for Investopedia...............................................Full Article: Source
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