While an annuity imposes an expense fee on the fund's performance, mutual funds impose a mortality and expense fee.

Name: While an annuity imposes an expense fee on the fund's performance, mutual funds impose a mortality and expense fee.
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Mutual funds typically charge management and administrative fees, but not mortality and expense fees, which are specific to annuities and insurance products to cover the insurer's risk.

While an Annuity Imposes an Expense Fee on the Fund's