Most investment places offer funds that have a target retirement date.
As an example- a 2040 Target fund contains:
63% Equity Index Fund
21% International Equity Index Fund
11% Bond Index Fund
5% Emerging Market Index Fund
2040 fund claims an Expense ratio of 0.2%
Not bad. But when I look at the funds that it contains-
Equity Index Fund .36%
International Equity Index Fund .83%
Bond Index Fund .62%
Emerging Market Index Fund .64%
I assume that the .2% is on top of everything else?
Simple question- Does this create a 0.2% charge for looking at one number instead of 4 numbers?
As an example- a 2040 Target fund contains:
63% Equity Index Fund
21% International Equity Index Fund
11% Bond Index Fund
5% Emerging Market Index Fund
2040 fund claims an Expense ratio of 0.2%
Not bad. But when I look at the funds that it contains-
Equity Index Fund .36%
International Equity Index Fund .83%
Bond Index Fund .62%
Emerging Market Index Fund .64%
I assume that the .2% is on top of everything else?
Simple question- Does this create a 0.2% charge for looking at one number instead of 4 numbers?