All mutual funds have an expense ratio which they use to assess operating expenses to the owners of the mutual fund.

Name: All mutual funds have an expense ratio which they use to assess operating expenses to the owners of the mutual fund.
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All mutual funds have an expense ratio, which is a percentage of the fund's assets that is charged annually to cover the fund's operating expenses. This fee is paid by the fund's investors and reduces the overall return on the investment.

All Mutual Funds Have an Expense Ratio Which They Use