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- UID
- 222315
- 帖子
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- 2011-7-2
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- 2016-4-19
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About (1), Schwerser book 5 P.190 says:" When calculating gross-of-fee return, returns must be reduced by the entire bundled fee that includes direct trading expenses"
So why do we have to deduct bundled fee to come up with Gross-of-fee returns? I think net-of-fee returns would make more sense. |
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发表于 2011-7-11 18:57
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