___________ is the combination of operating expenses and other charges expressed as a ratio of total assets in a mutual fund.

Question

Quizplus · Accepted Answer

MER stands for Management Expense Ratio which is the combination of operating expenses and other charges expressed as a ratio of total assets in a mutual fund. Therefore, option C is the correct answer. Option A (Trading expense) refers to the cost of executing trades in a fund, option B (Maintenance expense) is not a relevant term in the context of mutual funds, option D (Fixed cost) is a general term and is not specific to mutual funds, and option E (DSC) stands for Deferred Sales Charge which is a fee charged to investors who sell their mutual fund units before a certain time period.

___________ Is the Combination of Operating Expenses and Other Charges