Peculiar_Investor wrote:I have started development of an article on Low cost investing - finiki
Contributions welcome. If you don't feel like editing the text yourself, I will consider including text suggestions made here.
- and he explains how to dig out the TER in your fund or ETF (Trading Expense Ratio)What’s the difference between a management fee and management expense ratio (MER), or are these just different terms for the same thing?
No, the management fee and MER are not the same. This has long been a source of confusion for investors, and the uneven disclosure of some mutual fund and ETF providers hasn’t helped
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