What the fee means
The trust fee pays for managing and administering the fund. You do not receive a separate bill; the cost is taken from the fund’s assets over time.
At a fee of 0.045% a year, the cost on ¥100,000 is about ¥45 for one year. At 0.5%, it is about ¥500. These are illustrations: the value of your holding changes, and other costs may apply.
Compare similar funds
Fees matter most when you compare ETFs with similar holdings and strategies. Check the benchmark first. Also consider trading costs and how closely the ETF follows its benchmark.
The lowest-fee list sorts Tokyo-listed ETFs by their stated trust fee. Open a fund page to check the fee and the assets it follows before drawing a conclusion.