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Thread: Fidelity or Vanguard
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Old 02-09-2012, 09:43 AM
Hal :-) Hal :-) is offline
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Originally Posted by BostonCelt View Post
Again, there's a layering of fees upon fees. All the internal ETF fees, PLUS the internal fees of the mutual funds within the ETF, affect your final return.
Why do you say there are layers of internal fees. I know there are funds of funds that have fees like that. But I always think of ETFs as indexes. What am I missing?