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Understanding the Expense Ratio and How It Affects Your Investments

You don't want to pay more than you have to for anything. That includes your investments. It's time to learn about the expense ratio.

Expense ratios can be defined as the cost for a fund or the total value of its assets. Keep watching this story for more on expense ratios.

Why are expense ratios important?

Understanding the fees upfront will help you maximize your return on investment.

How do I find the expense ratio?

You can find it using your brokerage account. When you look up the fund, you'll see the expense ratio. You can also check out the fund's prospectus.

Can I avoid expense ratios?

Not quite. You can find a different fund, but they all have expense ratios. It costs money to keep the fund going.

Tap the link below for more on expense ratios.

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