SWF selfwealth limited

ETF due 12 Nov."SelfWealth retains 0.48% of the 0.88% management...

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    ETF due 12 Nov.

    "SelfWealth retains 0.48% of the 0.88% management fee, excluding seed funds." - So they earn 0% on the first $100m seed funds?

    "the largest seeding of an ETF by a third party in Australia" - Can anybody explain the benefit of this? When people look up ETFs, they'll see that SELF has a fair amount of money invested into it?
 
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