ETFs have lower costs on average than passively managed mutual funds and don't charge 12b-1 fees. The expense ratio is the cost of the mutual fund, including any management fees, fees for expenses, and 12b-1 fees, and expressed as a percentage of the total assets under management. ...
As mentioned above, the equity mutual funds offered by the big banks have management expense ratios (MERs) averaging 2.28 percent (some lower, some much higher). They are sold to investors as a way to beat the market by using a professional management team to actively manage the portfolio –...
management expense ratiomeans the total fees and expenses a fund paid during a year divided by its average assets for that year. percentage ratioshas the meaning ascribed to it under the Listing Rules; Total Net Leverage Ratiomeans, as of any date of determination, the ratio, on a Pro Forma...
ProductIncome potentialGrowth potentialPrincipal preservation and liquidityFees or expense ratiosMinimum investment and diversification Individual bondsFixed-rate bonds offer periodic payments of fixed amounts. Other types of bonds may vary their payments.None if bought atparvalue and held tomaturity. Bonds...
They typically have lower expense ratios compared to actively managed funds. ETFs can be bought and sold like stocks, providing liquidity to investors. Alternatives to stocks and shares ISAs If you are saving for the short term then a normal savings account or a cash ISA would be more ...
They typically have lower expense ratios compared to actively managed funds. ETFs can be bought and sold like stocks, providing liquidity to investors. Alternatives to stocks and shares ISAs If you are saving for the short term then a normal savings account or a cash ISA would be more ...