Are distributions reinvested into an ETF considered 'new money' and does the fund manager charge a MER on that new money being invested as well?
I have heard the arguments for covered call ETFs to just reinvest the dividends and you'll be okay but if that distribution considered new money and expenses are charged by the fund manager?
[link] [comments] https://www.reddit.com/r/stocks/comments/13yxrr4/dividend_reinvestment_in_an_etf/
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