mannyahles
Dryer sheet aficionado
I am looking for info on what is
1) a low vs high expense ratio
2) What is a redemption fee and what is a fair %
Here is an example of internetion equity thru Tiaa-Cref:
Net asset value as of 01/27/2011 : $10.46
Total return year-to-date as of 01/27/2011 : 2.35%
Fund's net invested assets as of 12/31/2010 : $2.70 billion
Gross Expense Ratio : 0.84%
Net Expense Ratio 1 : 0.84%
Inception date : 10/01/2002
Investment class : International
Redemption Fee 2 : 2.00%
Is the expense ratio fair/good if it is less than 1%. I have seen some posts mention that they look for .33% to be a real good %. Is this correct? SO .84% is a bit high?
How about the 2% redemption fee?
Thx for your help,
Manny
1) a low vs high expense ratio
2) What is a redemption fee and what is a fair %
Here is an example of internetion equity thru Tiaa-Cref:
Net asset value as of 01/27/2011 : $10.46
Total return year-to-date as of 01/27/2011 : 2.35%
Fund's net invested assets as of 12/31/2010 : $2.70 billion
Gross Expense Ratio : 0.84%
Net Expense Ratio 1 : 0.84%
Inception date : 10/01/2002
Investment class : International
Redemption Fee 2 : 2.00%
Is the expense ratio fair/good if it is less than 1%. I have seen some posts mention that they look for .33% to be a real good %. Is this correct? SO .84% is a bit high?
How about the 2% redemption fee?
Thx for your help,
Manny