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MERs and other managed fund expenses
Thursday 3rd of June 2004
The Management Expense Ratio (MER) is generally considered to be the cost of investing and can vary from 0.5 per cent to in excess of 2.5 per cent. For an investment of $10,000, for example, this MER range can mean the difference between $75 or $250 per annum. Over a 20-year investment, the future value of this difference is equivalent to $7676.41.
The MER is typically the fees and op...
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