Question

expense ratio of mutual funds

Answer 1

hello friend here is your answer
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The expense ratio is a measure of what it costs an investment company to operate a mutual fund. An expense ratio is determined through an annual calculation, where a fund'soperating expenses are divided by the average dollar value of its assets under management (AUM).
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Answer 2

The expense ratio is the annual fee that all funds or ETFs charge their shareholders. It expresses thepercentage 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....

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