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UBS pulls ASX listed ETFs, page-7

  1. firsova
    5,980 Posts.
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    21/03/20
    18:48
    Post #: 43623727
    The number must be:

    Revenue less the annual cost payable to the RE for operating the ETF and staff costs.
    Revenue to break even needs to be about $200k per annum on my estimate so at 0.48% that is $240 million
    It is not going to happen ,better to cut their losses like UBS has
    SWF Price at posting: 12.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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