Expense Ratio Calculator
Expense Ratio Calculator
Component | Description |
---|---|
Total Fund Expenses | The total operating expenses of a fund. |
Average Fund Assets | The average value of assets managed by the fund. |
Expense Ratio | The ratio of a fund's operating expenses to its average assets. |
Formula | Expense Ratio = Total Fund Expenses / Average Fund Assets |
Purpose | Used to measure the cost of investing in a fund, expressed as a percentage of assets. |