Hello danbradster,
ETF - no idea what it will contribute. But that would be a new revenue stream in the breakdown.
Independant Investment Research has reported the relevant figures for the SELF ETF.
Seed Funding from Tuckwell is $100m which carries an MER of .88%. Of this .48% will be going to Selfwealth's top line. aprx $450k in the first year. As FUM grows, or reduces this will impact the top line accordingly.
Food for thought.
MJB
Hello danbradster,ETF - no idea what it will contribute. But...
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