A mutual fund's annual operating expenses, expressed as a percentage of the fund's average net assets.It's calculated annually and removed from the fund's earnings before they're distributed to investors, directly reducing investors' returns.
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Choose from more than 13,000 non-proprietary mutual funds, or use our independent third-party Select List to narrow down your choices.
The biggest difference between an actively managed fund and a passively managed fund is the investment objective.
An investment vehicle managed by finance professionals that raises capital by selling shares (called units) in a chosen and balanced set of securities to the public.
A mutual fund's capital is invested in a group (portfolio) of corporate securities, commodities, options, etc., that match the fund's objectives detailed in its prospectus.