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 ?
It estimates that annual management charges on schemes sold before 2001 are around 26% higher than those sold at a later date.
A qualifying workplace pension with an annual management charge of 0.
A GPP is a collection of personal pensions, often with a varying level of Annual Management Charge (AMC) depending upon the nature of the underlying investment.
There's nothing wrong with trackers, but Virgin's taking customers for a ride with its lpc annual management charge.
The bond has no initial charge and an annual management charge of one per cent.
To make a comparison, you should look at performance of the funds they invest in and the annual management charge.
ABBEY NATIONAL is now selling a Tracker Individual Savings Account, which has no annual management charge until April 5 next year, with an annual charge of 0.
5 per cent aligns it with a tracker although the annual management charge is 1.
Overall the average annual management charge across its entire range is a very competitive 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.

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