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Retirement tax questions
No, do not delete them.
Did the ETF units deplete in accordance with the monthly fee sales?
Investment management fees for exchange-traded funds (ETFs) and mutual funds are deducted by the ETF or fund company, and adjustments are made to the net asset value (NAV).
Investors usually don't see these fees on their statements because the fund company handles them in-house.
However, it sounds like the fund managers in this case want cash. Therefore, they sell units of the ETF to pay the fees.
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‎February 21, 2022
6:27 AM