Nov 17
Last week’s Market Mondays featured an overview of mutual fund basics and key concepts to fund investing. There is one correction to last week’s post in regards to the Management Fee explanation. In actuality, you will typically see what is known as the “expense ratio” of the mutual fund. Management fees are a piece of this expense ratio but not all of the expenses incurred by the fund are due to manager’s salaries, therefore the broader term of expense ratio is more appropriate. This wee
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