Q: I looked up a statistic from Morningstar called "Annual Portfolio Turnover". For VFV it is 3.47% and for VSP it is 26.1%. The passive index is the same but VSP is hedged to the Canadian dollar. Can you help explain what is included in this statistic? (AUM changes?, stock additions/deletions?, hedging? etc)
Could you please give me an example of situation where one might see 150% for an active ETF or aggressive mutual Fund? Thanks.
Could you please give me an example of situation where one might see 150% for an active ETF or aggressive mutual Fund? Thanks.
5i Research Answer:
Mornngstar defines their ratio as " This is a measure of the fund's trading activity which...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.