Financial Week 2013: Management expense ratio
Posted February 1, 2013 1:53 pm.
This article is more than 5 years old.
Do you know what you’re paying for your mutual funds? The “management expense ratio” or MER, tracks the percentage value of your funds going to pay the fund company and advisor. As Mike Eppel reports, even a small percentage change can make a big difference in your savings rate.
