SWF selfwealth limited

UBS pulls ASX listed ETFs, page-7

  1. 5,980 Posts.
    lightbulb Created with Sketch. 96
    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
 
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