Who has higher licensing fees? Mutual funds or ETF?
the cost with S&P and other index providers are lower to mutual funds.
Mutual Funds
eidt : Seems like I have misunderstood the question, there is only one mention of “licensing fee” in the whole curicculum…not sure how important is it
ETFs will pay higher licensing fees.
ETF will pay higher licensing fees. This is the only advantadge it DOES NOT have over mutual funds