Скачать или смотреть Unveiling Expense Ratios: Costs You Didn't Know You Were Paying!

When it comes to actively managed mutual funds, most investors—about 99% of the people I meet—think the only cost of owning a fund is the expense ratio.

The expense ratio is expressed as a percentage and is listed in the fund’s prospectus. These fees typically cover marketing, distribution, and management costs.

According to Morningstar, the average annual cost of an actively managed mutual fund is 0.59%. That means on a $100,000 investment, you’d pay about $590 per year just in expense ratio fees.

Understanding these costs is key to making informed investment decisions.

#Investing #MutualFunds #FinanceTips #WealthManagement #InvestmentCosts #FinancialLiteracy #MoneyManagement #RetirementPlanning #InvestSmart #PersonalFinance #ActiveFunds #ExpenseRatio

DISCLAIMER: The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth in this material may not develop.

Advisory products and services offered by Investment Advisory Representatives through Bernicke Wealth Management, a Registered Investment Advisor. Securities offered by Registered Representatives through Private Client Services, Member FINRA/SIPC. Private Client Services and Bernicke Wealth Management are unaffiliated entities. Bernicke Wealth Management and Private Client Services do not offer legal or tax advice. Always consult a legal or tax professional regarding your specific situation.