accountingsucks
Recycles dryer sheets
- Joined
- Jan 28, 2006
- Messages
- 346
Here in Canada the expenses associated with a mutual fund are called an MER and are expressed as a percentage. I do not actually understand what the percentage is.
Anyways I am looking at investing through my bank and their MER's on their managed funds are around 2.5% and I have no idea if this is high or low.
Anyways I am looking at investing through my bank and their MER's on their managed funds are around 2.5% and I have no idea if this is high or low.