25 Investing Terms That Every Investor Should Know
The Canadian Investor
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What You Need to Know About a Fund
E t s is the management expense ratio, or m e r mur. If you're not interested in picking your own stocks and would rather invest in funds, whether its e t f or mutual funds, this is a term you should absolutely know. Mer is an all inclusive fee for fund. So it comes out of your return. With all else being equal, typically index funds will have very low fees. Whereas in actively managed fund will have higher fees because the fund manager will have more expenses associated with them.
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