Expense Ratio (5/5)

If you’re planning on putting your money into an exchange-traded fund or a mutual fund, you probably won’t be able to do so for free. The expense ratio, expressed as a percentage of your investment, tells you how much will be taken out of the money you’ve put in to cover fees associated with maintaining the fund. This can be especially important when making major investments or long-term investments. 

Written by Megan Pontin

Enthusiastic word-collector, avid pancake-consumer, and experienced hammock-lounger. Student at Cornell University.

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Trading Volume (4/5)

Cup of Tea (1/5)