This translation has been automatically generated and has not been verified for accuracy.A general rule to apply to newly launched ETFs: The companies issuing these funds need them a lot more than investors do.
Example: The just-launched Horizons S&P/TSX Capped Composite Index ETF , with an anticipated management-expense ratio of just 0.05 per cent.on Canadian equity funds, the cheapest MER for broad-based Canadian market exposure is 0.06 per cent. The 0.05-per-cent fee for HXCN is not a massive difference maker for most investors in practical terms, but it’s highly symbolic.
globeinvestor That’s a no brainer
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