So I'm not asking about fee structures, but rather literally where either the management fees, 12-1b fees, or expense ratios are taken out of. Because I typically like to invest in ETFs which all have an ER attached to it, I'm just curious as to where that fee comes out of, because assuming it would be taken out of the value of the assets under management of that ETF, would that not require a sale of assets within the ETF? Also, for mutual funds (or hedge funds for that matter), are customers simply billed for management fees? Again, I could understand these funds keeping a portion of the capital gains they make, but would that not require additional movement in the assets of the fund? Sorry if these seem like stupid questions, I just really can't very much information on it. Thank you in advance.
Submitted December 24, 2017 at 04:11PM by JayTerbs3 http://ift.tt/2kSrIzW
