dessert
Full time employment: Posting here.
Here is copy straight from morningstar snapshot of a mutual fund.
Could someone explain the expense ratio as shown below?
Are 12b-1 fees normal or unusual?
What is considered a high 12b-1 fee? I have read where anything above .25 is considered a "load fund".
Why are there two different expense ratios shown and which one would be the one used to charge the fund?
Actual Fees %
12b-1 0.25
Management 0.78
Net Expense Ratio: Annual Report 1.27
Net Expense Ratio: Prospectus 1.35
Could someone explain the expense ratio as shown below?
Are 12b-1 fees normal or unusual?
What is considered a high 12b-1 fee? I have read where anything above .25 is considered a "load fund".
Why are there two different expense ratios shown and which one would be the one used to charge the fund?
Actual Fees %
12b-1 0.25
Management 0.78
Net Expense Ratio: Annual Report 1.27
Net Expense Ratio: Prospectus 1.35