It has an annual expense ratio of 0.40%, with gold held in vaults in London.
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Advantage to direct purchase: saving that 0.54% annual expense burden the ETF charges.
Schwab, for example, has a broad-market ETF, SCHB , with an annual expense ratio of only 4 basis points (0.04%).
My example also assumes an annual expense ratio of 0.65% for both the individual hedge funds and fund of funds.
For instance, Schwab recently dropped their annual expense ratio to 4 basis points (0.04%) on some of their offerings.
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Then, by adding two known costs, the annual expense ratio and trading commissions, Barra computed what it calls a fund's hurdle rate.
For domestic actively managed funds the (unweighted) average annual expense ratio has dipped from 1.56% of assets in 2003 to 1.45% today.
The average closed-end fund tracked by Lipper Analytical Services has a 1.34% annual expense burden, the sum of overhead and management fees.
Specifically, we grade mutual funds on their performance over three up-and-down market cycles, and rank them on relative returns and annual expense ratios.
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Look at the annual expense ratios for the funds you personally own and compare them to other, similar funds offered in your 401(k) plan.
Discount broker Charles Schwab announced this morning that it is cutting the annual expense ratio on six of its eight proprietary exchange traded funds.
That's true, in the sense that someone getting the Janus Twenty fund via Schwab bears the same 0.83% annual expense ratio as someone buying directly from Janus.
But you can dodge that load by buying Selected American Shares. (Annual expense ratios nearly match at 0.95% and 0.94%.) Davis and Feinberg took over Selected American Shares in 1995, and since then Selected's 12.2% annual return has outpaced the Davis fund's 11%.
Beyond that, the expenses involved with FLAT are higher than most fixed-income ETFs and ETNs. iPath U.S. Treasury Flattener has an annual expense ratio of 0.75% and also dings investors with a one-cent hit to NAV when it rolls the contracts it tracks.
But our average annual litigation expense has still been far below that of most technology operating companies.
Worse still, why should participants pay an annual operating expense of 42 basis points to buy units in the Marriott International Stock Fund?
Other signals to move on include an upward trend in annual management expense ratios (MERs) or a fund that has grown large, relative to the market.
The company has set itself a goal of keeping annual operating expense growth at less than 3 percent for the next two years as it moves to revamp its business, particularly its travel division.
Of course, as daunting as that nearly trillion-dollar annual interest rate expense will become, it could be much greater if rates do in fact rise.
For long-term investors the more important cost is the expense ratio, the annual assessment for overhead and portfolio management.
But most U.S. companies detail in their annual reports the extent to which a stock option expense plan, such as Coke is enacting, would have affected earnings.
Ms Gee recommended that investors ask about the TER (total expense ratio) rather than the AMC (annual management charge) of a fund to give a more accurate idea of ongoing costs and look out for use of passive holdings such as those used by groups including T Bailey and 7IM, which, she says, have a comparably low-cost fund of funds offering.
The fund has an annual management charge of 0.25% and a fixed expense of 0.15% for all investors which was previously 1% for retail investors and 0.6% for institutional investors.
The same insurers have also argued that they make gains from lower-than-expected mortality and expense rates, which, they say, more than cover losses from annual pay-outs.
It's true that you might have expensive repairs from time to time, but if you choose your car carefully, you'll still come out ahead over the much higher expense of buying a car new and paying 5% or more in annual interest on an auto loan.
Further, the AWC alleges that during the period from May 2008 through July 2008, Abern provided five Cambridge customers with variable annuity expense disclosure forms that contained inaccurate information, in that the forms understated the annual expenses that would be charged.
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