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Is There a Swap Fee on ETFs?
The new horizons product has no fee, but the underlying e t f do have fees. The average weighted average mmy r ends at being between 15 and 16 basis points. But then you'vealso got the swap fee, up to 30 basis points. It's a price warfare out there. An the one decision tools for individual investors are increasing all the time which is good. I think it's great that vanguard did it. I wouldn't touch this new horizonsProduct personally.