Why do I need a fund that has an annual cost versus a stock that does not?
Are there funds that cover the same areas with lower costs?
How long has the fund been running?
Who is the manager and what is their track record?
What is the trading volume?
What sort of market share does the fund have?
What restrictions set what is invested in?
What are the top holdings? If anything looks strange, dig into more specifics using the reports.
Are there activities not covered by the investment goals in the fine print? For example, lending securities or option selling.
If forced to hold this in a non-registered account, what are the bookkeeping and tax reporting implications?
Cheers