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

Question

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All mutual funds have an expense ratio which is a percentage of the fund's assets that is used to cover operating expenses such as management fees, administrative costs, and marketing expenses. This expense ratio is typically deducted from the fund's returns and is disclosed in the fund's prospectus.

All Mutual Funds Have an Expense Ratio,which They Use to Assess