The total expense ratio (TER) provides information on the proportion of average assets in a fund accounted for by fund costs. With the exception of transaction costs, it includes all costs automatically deducted from the fund assets during a year.
The total expense ratio (TER) provides information on the proportion of average assets in a fund accounted for by fund costs. With the exception of transaction costs, it includes all costs automatically deducted from the fund assets during a year.