If I invest in an investment house's Mutual fund "A" and in that fund, some of the money is invested in the same investment house's fund "B"
Am I paying the MER (management expense ratio) on the moneys in fund "B" twice (tax on tax style).
Or is the money, fund "A" has in fund "B", exempt from MER costs, because it is from the same investment house?
Am I paying the MER (management expense ratio) on the moneys in fund "B" twice (tax on tax style).
Or is the money, fund "A" has in fund "B", exempt from MER costs, because it is from the same investment house?
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