etfs, page-11

No worries, kevinst. The only fee you pay when you sell your shares is the brokerage. No-one will send you a bill for management fees!

As for SLF, it's worth noting that this fund is quite top-heavy and is very much dependent on the performance of just a few stocks. There are only 16 stocks included in this fund now (cf 21 a year ago, and 25 a year before that) and WDC makes up around 47% of its performance. The top few stocks are:

WDC 47%
SGP 14%
GPT 9%
CFX 7%
DXS 7%

Put another way, half of the stocks account for 92% of the value.

Though SLF is looking pretty cheap, I'd prefer to go for the more diversified approach of buying STW, which includes all of these stocks anyway.

That said, SGP is looking ridiculously cheap now.