Morningstar Minute - The lesser known cost of investing

The trading-expense ratio is usually much smaller than the MER, but it is not always insignificant.

Jeffrey Bunce, CFA 14 July, 2017 | 5:00PM

 

 

Jeff Bunce: Most people are aware of the price they are paying for the management of their mutual funds. But if you don't know, the management-expense ratio, or MER for short, is usually prominently displayed on a fund company's website so it's easy enough to find.

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About Author

Jeffrey Bunce, CFA

Jeffrey Bunce, CFA  Jeffrey Bunce, CFA, is a senior investment analyst for Morningstar’s Investment Management group.

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