Administration expenditure ratio (MER). Virtually all financial investment money cost an MER, which covers each of the expenses of handling the fund. A lower expense ratio can help your investments develop more swiftly.Editorial Notice: We get paid a Fee from partner links on Forbes Advisor. Commissions do not have an impact on our editors' opinion
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Arielle O’Shea leads the investing and taxes staff at NerdWallet. She has protected personalized finance and investing for more than 15 yrs, and was a senior author and spokesperson at NerdWallet prior to getting to be an assigning editor. Earlier, she was a researcher and reporter for major personalized finance journalist and creator Jean Chatzk