Question

All the different management fees and fund's operating costs are often referred to as a(n): Question 17 options: financial ratio. expense ratio. investment ratio. management ratio.

Answer 1

The answer is expense ratio.

Step-by-step explanation:

This term is also known as management expense ratio (MER), which refers to how much a fund’s assets are used to pay for the total costs incurred due to business operations. This term is used in the context of investment funds, and will affect how much return an investor would receive. To get the expense ratio, you can divide the total fund costs to the total fund asset.