An investment fund pools money to invest. It can take its running costs directly from that money, without sending you a separate bill. The yearly charge is shown as a percentage called the expense ratio.
money
An investment fund pools money to invest. It can take its running costs directly from that money, without sending you a separate bill. The yearly charge is shown as a percentage called the expense ratio.
The rest of this one is in Curio Pro.
Source: investor.gov
Read the rest in CurioMystery, Smart Money and Startup Lessons are part of Curio Pro.