Total Expense Ratio (TER) represents the total annual percentage of fund assets deducted to cover management fees, custodian bank supervision, index licensing, and audit expenses.
How TER Is Deducted
Daily NAV Deduction = Annual TER / 365
Investors never receive a separate bill for TER—it is accrued smoothly in the daily NAV calculation. Domestic Vietnam ETFs charge 0.50% to 0.85% per year, saving investors over 1.0%–1.5% annually compared to active open-ended equity funds (1.50%–2.50%/yr). Filter all funds by TER in our ETF Screener.