Total Expense Ratio

(redirected from Annual management charge)
Also found in: Acronyms.

Total Expense Ratio

A measure of an investment fund's costs of operation as a percentage of its total assets. It is calculated by dividing the fund's total costs by its total assets. As the total costs include things like management fees and commissions, the total expense ratio is important to determining the actual return on a fund. For example, a mutual fund may have a 10% return per year, which is quite high; however, if the total expense ratio is 8%, this means that shareholders only receive 2% of the return. It is also called the management expense ratio or simply the expense ratio.

Total Expense Ratio

The ratio of total housing expense to borrower income.

This ratio is used (along with other factors) in qualifying borrowers. See Qualification/Meeting Income Requirements/Expense Ratios.
References in periodicals archive ?
The incentive which reduces the annual management charge to 0.
50 cashback from us) by investing a lump sum of at least pounds 3600 in one of their eligible ISAs before April 5, hold it in the same trust or trusts until December 31, 2009 and receive the refund of 2009 annual management charge.
A NEW savings plan for children has been launched with no initial fee and an annual management charge of just 1 per cent.
MARKS & SPENCER Financial Services are offering to refund the one per cent annual management charge for new investors in its UK 100 Companies Fund.
He said: "It appeared to me that I was paying them an annual management charge to lose my money.
Some companies provide the means of buying investments without an initial charge but still make an annual management charge.
The fund also has the lowest annual management charge available at just 0.
The new fund will provide a cost efficient way to invest in global inflation linked bonds with an annual management charge of just 0.
As the properties are sold on a condominium basis, building and pool maintenance and garden care are provided for an annual management charge based on the ?
Annual management charge, paid to the fund management company, can range between 0.
It is also offering a zero per cent annual management charge for 12 months on HSBC's individual stakeholder pension for anyone who opens one before November 21.
Over the long term, what you will get is the overall rise in the market, less the very modest annual management charge.

Full browser ?