business investment word of the day total expense ratio what is ter in mutual funds and how is it calculated

Investment Word Of The Day: Total Expense Ratio - What Is Ter In Mutual Funds And How Is It Calculated

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Investment word of the day: Investing in mutual funds involves understanding associated costs, known as the Total Expense Ratio, which covers management expenses. These include marketing, administrative, and audit fees, calculated as a percentage of the fund's net assets.