Question

Expense ratio is the fee for managing fund.

• A. True
• B. False

Answer 1

The correct option is A True

Expense ratio is the fee for managing fund- this is a true statement. Expense ratio can be defined as a ratio which indicates how much the fund charges in terms of percentage annually in order to manage the investor's total investment portfolio. Expanse ratio covers various types of cost and it is disclosed to investors once in a 6-months.