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a few quick questions about ETF's

anyone know the cheapest online supermarket for ETF's?

would i be right in thinking that ETF's have mangement charge of around 0.4 % and exit charges around the same?

why do people still bother with Unit trust and oeics ftse trackers when etfs seem a lot cheaper and more profitable?

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why do people still bother with Unit trust and oeics ftse trackers when etfs seem a lot cheaper and more profitable?

I think the answer here is that they are new and perhaps people are wary of them, I too have looked at them but gone no further. I am interested in some of the commodity based ones.

Frank

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anyone know the cheapest online supermarket for ETF's?

ETFs are shares so you need to find a low cost stock broker, not a fund supermarket.

would i be right in thinking that ETF's have mangement charge of around 0.4 % and exit charges around the same?

iShares FTSE 100 (ISF) has a management fee of 0.4%. Some are more. They are a share so they don't have exit fees, they have bid-offer spread and dealing costs.

why do people still bother with Unit trust and oeics ftse trackers when etfs seem a lot cheaper and more profitable?

They shouldn't be more profitable if they are trying to track the same index. They will be more profitable to the investor if their charges are lower, but some tracker funds have very low charges too - Fidelity MoneyBuilder UK Index Fund has an annual mangement fee of 0.1%.

ETFs are a more sophisticated product for investors who have already decided that they want to take a position in a particular sector or market, and there is a wide range of them. Unit trusts and oeics are a more mainstream product.

Financial advisers will not get commission if they recommend ETFs.

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Hi,

If you're still reading this... the lowest cost way to purchase ETF's is through a selftrade ISA. If you are referred by a friend, then each you and the friend get £50 from selftrade once you complete your first transaction, which must be £500 or more. There is an annual fee of £25... however you can purchase as many iShares ETF's as you want free of charge.... no commission is due to buy iSHares... However the normal commission is due when you sell.

If you want me to be your friend, just send me a PM.

iShares are really good for sector and region diversification.

Penny

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