Total Expense Ratio


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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 total expense ratio charged by mutual funds is usually disclosed in the monthly fund factsheet of the scheme.
The Advisor share classes have a total expense ratio of 0.
The funds fall into S&P Fund Services' Index sector, a unique sector where the internal tracking error, total expense ratio and the bid-offer spread are examined.
Our assessment of the situation is that the Board managed to reduce the total expense ratio by something along the lines of 5 basis points, while the net cost to shareholders was a widening of the discount on the order of 700 basis points.
In determining to approve the proposed reorganization of the Funds, the Boards considered the potential benefits that each Fund's shareholders will derive from the larger combined fund, including a lower total expense ratio and enhanced liquidity.
This fee structure, coupled with a complex-wide average total expense ratio of 0.
As of February 1, 2005, the fee waiver would have placed the Fund's Class A shares in the top 15% of its peer group for both highest 7-day yield and lowest total expense ratio.
total expense ratio as a result of increasing premium volumes.
Operating performance for life operations will improve, primarily due to a reduction in the total expense ratio as a result of increasing premium volumes through bancassurance and cross-selling focus.
In an effort to keep the total expense ratio at or below the Fund's peer group average, Commerce Investment Advisors has contractually agreed to waive all of its management fee at least until October 31, 2003.
Investors with an investment strategy that incorporates Qatari listed companies can now gain direct access to the market at one of the cheapest total expense ratios in Emerging Markets.

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