Anonymous
I am new to investing. Anyone knows whether the expense ratio showed in Kristal.AI is in percentage or ratio?
I.e. The expense ratio listed in one of their ETFs is 0.7 does this means 0.7% or 70%? Am quite confused as by definition of ratio it should mean 70% however, 70% seems very huge.
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Kristal.AI
30 Jun 2020
Content & Community at Kristal.AI
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0.70% is already a high total expense ratio, so your performance suffers.
with self-investing via a cheap online broker into products like cheap SP500 and/or MSCI World ETFs you would pay less.
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It's 0.7%! :)...
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Hi Anon,
As the others already mentioned, it's 0.7% :)
This is the Total Expense Ratio depending on the ETF itself. There is no additional Management or Brokerage fee for your first $50,000 invested in kristal.AI!
Hope that helps!