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I'd be interested to know what MER people are getting with their funds.I was trying to get as complete a picture as I could so included all the basic fees like auditing / ATO / ASIC / brokerage costs.Then I added in the MER from the ETFs / LICs I've got.Pretty much assumed cash, hybrids and direct shares are costless.I came up with 0.93% (just over $1800), where roughly 60% of that was just the auditing / ATO / ASICIt's higher than I thought it would be, but with such a high "fixed" component it should come down as my balance grows.
I'd be interested to know what MER people are getting with their funds.
I was trying to get as complete a picture as I could so included all the basic fees like auditing / ATO / ASIC / brokerage costs.
Then I added in the MER from the ETFs / LICs I've got.
Pretty much assumed cash, hybrids and direct shares are costless.
I came up with 0.93% (just over $1800), where roughly 60% of that was just the auditing / ATO / ASIC
It's higher than I thought it would be, but with such a high "fixed" component it should come down as my balance grows.
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