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if youamp;#39;re investing in ETFs youamp;#39;re already onto a great start but you may have noticed that all ETFs carry an ongoing charge in this video Iamp;#39;m going to quickly go through what this ongoing charge is and how they actually take away this charge so although ETFs are passively managed theyamp;#39;re not actively managed by a fund provider they do however incur a fee the ongoing charge fees of the ocf cover the costs of running the fund even though they are passive these also include charges of actually marketing the fund and distributing it which is actually never free these charges and expenses can reduce the potential growth of your investment especially in earlier years when you have less money and that is a higher percentage of your overall portfolio so the ongoing charge or the total expense ratio is often given as a percentage and calculated as if you are holding that amount annually so this is the amount youamp;#39;ll pay for over a year providing you hold
