Since private equity per se is much more difficult to access, I think the TER is still okay. I have the ETF in my custody account and save for it monthly. There is also the clear advantage of the fund domicile with regard to withholding tax. A number of large private equity companies are based in the USA, which means that distributions from these companies are also subject to withholding tax.
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@PassiveInvest Let me tell you that such ETFs are 99% junk, because they are only offshoots of the main funds and usually perform much worse and you usually have many more costs that are not recognizable at first glance. And the return is diminished by far Read through the data. In general, everything that is offered in this segment is a waste of money for private retail investors. Ask yourself why such ETFs come onto the market and are freely accessible, because it's basically just about collecting money for the main funds. And as a rule, only hedging transactions are conducted via such freely accessible ETFs.
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@Dividenden-Stamm but this ETF buys shares in listed private equity companies, not in private equity funds. Basically, I agree with you that private equity funds are absolutely nothing for private investors, as they often package 2nd choice or refinancing nicely.
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