Which of the following refers to a measure of the total management fees and expenses charged to the mutual fund on an annual basis?

Name: Which of the following refers to a measure of the total management fees and expenses charged to the mutual fund on an annual basis?
Brand: Quizplus
Rating: 4.8 (61 reviews)

Question

Quizplus · Accepted Answer

The expense ratio refers to the measure of the total management fees and expenses charged to a mutual fund on an annual basis, expressed as a percentage of the fund's average assets under management.

Which of the Following Refers to a Measure of the Total