facebookHow does ARK deduct management fees? - Seedly

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Anonymous

26 Feb 2021

βˆ™

General Investing

How does ARK deduct management fees?

I bought some units of ARKK in Tiger broker and I understand ARK charges 0.75% annual management fee, so how will this 0.75% annual management fee be deducted from me?

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Chris

26 Feb 2021

Owner and Writer at Tortoisemoney.com

ETF expense ratios are deducted on a daily basis from the net asset value of the fund. This means that the 0.75% will be distributed over the course of the year and be charged to the individual investors for the period of time that they are invested in the ETF.

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