Series 79: 3.2.7. Total Expense Ratio

Taken from our Series 79 Online Guide

3.2.7. Total Expense Ratio

Total expense ratio (TER) is a concept that applies to mutual funds and other investment funds. These funds have management expenses and fees that are paid for by fund investors out of fund income; the total expense ratio reflects the percentage of assets under management that are consumed by these costs. The ratio is det

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