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What are management fees and expense ratios?

April 26, 2017expense fees Management ratios

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What are management fees and expense ratios?

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Management Fees The charge made to a mutual fund for supervision / management of its portfolio, usually expressed as percentage of assets. Expense Ratio Expense ratio is the ratio of management fees to the total funds under management. It is usually specified in the offer document as a percentage of the assets under management of the fund.