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  5. CASH: Hi, Just curious how these ETF providers are able to make money with these etfs with a very attractive rates. [Global X High Interest Savings ETF]
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Q: Hi,

Just curious how these ETF providers are able to make money with these etfs with a very attractive rates.

Thanks,

Sunday
Asked by sunday on April 26, 2024
5i Research Answer:

Both do charge management fees (0.15% for PSA) and both also get 'wholesale' rates on interest which can be marginally higher than the rate passed on to unit holders. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in PSA.

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