Not only does an ETF have lower shareholder - related expenses, but because it does not have to invest cash contributions or fund cash redemptions, an ETF does not have to maintain a cash reserve for redemptions and saves on brokerage expenses. (financialtrading.com)
12b - 1 — This is an ongoing fee that is part of a fund's expense ratio; it's used to pay for brokerage expenses as well as advertising and marketing costs, making the funds that boast this fee less than ideal choices for cost - conscious investors. (mutualfunds.com)
It is easier to manage your investments when they are all in one place, and you can save money by avoiding multiple fees and brokerage expenses. (hsbc.ca)