Investment management fees

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Jagger
Posts: 10
Joined: Fri Sep 25, 2020 10:05 am

Investment management fees

Post by Jagger »

Hi all. I invest in passive index funds and ETFs with low yearly investment management fees, e.g., 1 basis point, 4 basis points, 7 basis points. My question is: when does Vanguard withdraw those fees? Monthly? Quarterly? Annually? Is there anywhere on the Vanguard site where these fee withdrawals are shown? Thanks.
John Z
Posts: 439
Joined: Sun Nov 14, 2010 5:42 pm

Re: Investment management fees

Post by John Z »

The fees are "blended" into the returns so you never see them unless there is a fee to buy into the fund.
retired@50
Posts: 3621
Joined: Tue Oct 01, 2019 2:36 pm
Location: Living in the U.S.A.

Re: Investment management fees

Post by retired@50 »

Jagger wrote: Sat Nov 21, 2020 5:34 pm Hi all. I invest in passive index funds and ETFs with low yearly investment management fees, e.g., 1 basis point, 4 basis points, 7 basis points. My question is: when does Vanguard withdraw those fees? Monthly? Quarterly? Annually? Is there anywhere on the Vanguard site where these fee withdrawals are shown? Thanks.
According to some of the reading I've done, the fees are basically taken daily (sort of a back-office process by the custodial bank). As far as I know, there is no place on the site where the withdrawals are shown. However, the expense ratios are published on the website for each of your holdings.

Regards,
This is one person's opinion. Nothing more.
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David Jay
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Joined: Mon Mar 30, 2015 5:54 am
Location: Michigan

Re: Investment management fees

Post by David Jay »

Here is the language:
Expense Ratio (E.R.) - these expenses are included in the reporting of the returns, there is no separate accounting
Fees - these are visible and have separate accounting. For instance, VICSX has a purchase fee of 0.25%
Prediction is very difficult, especially about the future - Niels Bohr | To get the "risk premium", you really do have to take the risk - nisiprius
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