How Is a Mutual Fund's Expense Ratio Calculated

question 49

Multiple Choice

How is a mutual fund's expense ratio calculated?

• A)Total operating expenses
• B)Total operating expenses for year/12 months
• C)Total operating expenses divided by average dollar value of the fund's assets
• D)Average monthly operating expenses divided by average asset value

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Definitions:

Time Pressure

The stress or urgency to complete tasks or make decisions within a limited timeframe, which can affect performance and well-being.

Interpersonal Barriers

Obstacles that hinder effective communication and interaction between individuals, often caused by factors like miscommunication, cultural differences, or personal biases.

Overly Technical Language

The use of highly specialized or complex jargon and terminology that may be difficult for non-experts to understand.

Passive Communication

A style of communication where individuals have a tendency to avoid expressing their opinions or feelings, protect their rights, and identify and meet their needs.