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What are the fees and expenses associated with the CI Galaxy Bitcoin ETF?

avatartetiana.mlkDec 26, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees and expenses associated with the CI Galaxy Bitcoin ETF? I would like to understand the costs involved in investing in this ETF.

What are the fees and expenses associated with the CI Galaxy Bitcoin ETF?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The CI Galaxy Bitcoin ETF has several fees and expenses that investors should be aware of. The management fee for this ETF is 1.00% per year, which covers the costs of managing the fund and providing investment advice. Additionally, there may be trading costs associated with buying and selling the ETF, such as brokerage commissions and bid-ask spreads. It's important to consider these costs when evaluating the potential returns of the CI Galaxy Bitcoin ETF.
  • avatarDec 26, 2021 · 3 years ago
    Investing in the CI Galaxy Bitcoin ETF comes with certain fees and expenses. The management fee, which is 1.00% per year, covers the costs of managing the fund and providing investment advice. In addition, investors should be aware of potential trading costs, such as brokerage commissions and bid-ask spreads. These costs can impact the overall performance of the ETF, so it's important to carefully consider them before making an investment decision.
  • avatarDec 26, 2021 · 3 years ago
    The CI Galaxy Bitcoin ETF charges a management fee of 1.00% per year. This fee covers the costs of managing the fund and providing investment advice. In addition to the management fee, investors should also consider potential trading costs, such as brokerage commissions and bid-ask spreads. These costs can vary depending on the investor's trading activity and the specific broker used. It's important to factor in these fees and expenses when evaluating the CI Galaxy Bitcoin ETF as an investment option.