This is the ratio of expenses to the assets held in an investment account. For instance, for an account worth $10,000, an expense ratio of 1% means that the account would pay $100 in expenses on an annual basis.
This is the ratio of expenses to the assets held in an investment account. For instance, for an account worth $10,000, an expense ratio of 1% means that the account would pay $100 in expenses on an annual basis.