This is about some Robo Advisor fees. I am only interested about these two fees.
1) Management fee of $0.21 per month.
2) MER of say 0.20% (assume this is a one time of year charge)
So a $10K account over one years will cost:
10 x ( $0.21 x 12) = $25.20, plus $10K x 0.20% = $20; Total...