The average gross expense ratio––presented as a weighted average––represents the percentage of fund assets used to pay for operating expenses and management fees, including administrative fees, and ...
Investment word of the day: If you plan to invest in mutual funds, it becomes important to understand that there are certain costs associated with them. Mutual funds levy certain operating expenses to ...
Exchange-traded funds (ETFs) and mutual funds both come with ongoing costs, but not all investors will understand exactly how these costs are calculated. A fund's expense ratio is simply the annual ...