The _________________ the turnover,the more you will pay in transaction fees (incorporated in the expense ratio),and the more you will pay in capital gains when the assets are sold._________________ turnover funds will have lower transaction costs and lower capital gains.

Question

Quizplus · Accepted Answer

Higher turnover in a fund leads to more frequent buying and selling of assets, resulting in higher transaction fees and capital gains taxes. Conversely, low turnover funds incur fewer transaction costs and capital gains.

The _________________ the Turnover,the More You Will Pay in Transaction