Total Expense Ratio (TER)

general

The total expense ratio encompasses all costs associated with running a fund, including management fees, administrative costs, and other operating expenses. TER is the most comprehensive measure of fund costs and is expressed as a percentage of fund assets. Lower TER directly translates to higher net returns for investors.

Related Terms

Exchange-Traded Fund (ETF) Expense Ratio Net Asset Value (NAV)

See this concept in action → ETF Comparison