InterviewSolution
Saved Bookmarks
| 1. |
How Does One Calculate The Expense Ratio For A Fund? |
|
Answer» The expense ratio for a fund is the annual EXPENSES of a fund (at the END of the FINANCIAL year), including the management fee, administrative costs, divided by the NUMBER of units on that DAY. The expense ratio for a fund is the annual expenses of a fund (at the end of the financial year), including the management fee, administrative costs, divided by the number of units on that day. |
|