Question

vAll the different management fees and fund's operating costs are often referred to as a(n):

Answer 1

All the different management fees and fund's operating costs are often referred to as a(n):




A. investment ratio.


B. expense ratio.


C. financial ratio.


D. management ratio.

Answer 2

Expense Ratio: expense ratio
The expense ratio is the annual fee that all funds or ETFs charge their shareholders. It expresses the percentage of assets deducted each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.