This stands for ""Total expense ratio"" and is the annual operating cost of a fund (not just the basic annual management fee, but includes audit and other legal fees). The TER is expressed as a percentage of the fund's assets.
This stands for ""Total expense ratio"" and is the annual operating cost of a fund (not just the basic annual management fee, but includes audit and other legal fees). The TER is expressed as a percentage of the fund's assets.
