as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
any extra fees charged by passive stock and bond etfs on top of the standard fees?
user
brokers will have transaction fees in addition to the find management fees, but they should be very transparent. brokering is a very competitive business.  any broker that added hidden fees to their transactions would lose customers very quickly to other brokers than can offer the same services. hedge funds are a very different animal, with less regulation, less transparency,  and less competition. their fees are tolerated because the leveraged returns are usually much higher. when times are bad, though,  those fees might drive investors elsewhere.
assistant