yes, for one of my “exotic” holdings they sometimes have “enhancement” of a couple percent - then they deduct half - but even then it looks like for that particular position there would be quite some enhancement.
The 0.05% come from calculating that one position up to my overall allocation.
You’re right, it depends on what you’re holding. For common things like VT there’s not much on offer indeed.
So my questions remain: (a) ‘in lieu’ tax implication and (b) professional trader status because of this…