See Also: Expense ratio(money)
Expense ratio(finance)
Quick asset ratio or acid test ratio(finance)
Tight money or dear money(finance)
expense(dictionary)
expense(dictionary)
Expense(money)
Expense(finance)
Expense Management(money)
Direct Expense(money)

Expense ratio (money)


Definition: [crh] The percentage of the assets that are spent to run a mutual fund (as of the last annual statement). This incluDefinition: des expenses such as management and advisory fees, overhead costs, and 12b-1 (distribution aDefinition: nd advertising) fees. The expense ratio does not include brokerage costs for trading the portfolio, although these are reported as a percenDefinition: tage of assets to the SEC by the funds in a Statement of Additional Information (SAI). The SAI is available to shareholders on request. Neither the expense ratio nor the SAI includes the transactions costs of spreads,Definition: normally incurred in unlisted securities and foreign stocks. These two costs can add significantly to the reported expenses of a fundDefinition: . The expense ratio is often termed an Operating Expense Ratio (OER).