View the entire Frequently Asked Questions (FAQs)
Do I have to manually pay the ETF provider the underlying fund fee?
A QuietGrowth portfolio comprises of various ETFs, and each of the ETFs has its underlying fund fee. No, you do not have to pay an ETF provider the underlying fund fee manually.
The ETF provider will deduct its ETF management fee (also called as expense ratio) from the cash that is invested in that ETF. Underlying fund fees are factored in the real-time values of each of the ETFs in which we invest your money. This fee is expensed by the provider of each ETF and does not flow through QuietGrowth. Hence, this fee is not included in the QuietGrowth fee.
In an interactive visualisation in the 'Pricing' page, we display the underlying fund fee for different QuietGrowth model portfolios. This calculation is also referred to as Average Weighted Expense Ratio of all the ETFs in a QuietGrowth portfolio.