Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

SYGUK - CRAZY CHARGES

Reply
Highlighted
Regular Contributor

When you buy a tracker you don't expect to see a Total Expense Ratio of 0.86% - YOU DO expect to see one closer to 0.40% !!

So here you pay what amounts to an active management fee - for a guaranteed underperformance ?

Not only are these charges expensive by any standards - they are held up by these ETF houses - as being cheap- aikona! 

Time people started shouting.

Do they have a place - in a portfolio- yes but...?  

0 Kudos
Reply
1 REPLY 1
Regular Contributor

So I dropped the proverbial line to SYGNIA - and guess what they said that they had dropped the charges since taking the ETF over from the bank - I suggest that you take a seat at this point

because of the enormity of the figure I am about to reveal  - 0.2% . That is amazing . Could it be that they said to themselves - there isn't another like it - so what the heck let them pay!?

No, that would be churlish on my part to think that. 

Far to many passive investors around- time we started shouting. Or at least speaking up?       

0 Kudos
Reply