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if youamp;#39;re an investor you need to know how fees can impact your earnings today weamp;#39;re diving into expense ratios these are the fees you pay for the management of ETFs and mutual funds represented as a percentage they cover everything from management to marketing for example with a 1.0% expense ratio $10,000 invested means $100 goes to fees annually over 10 years thatamp;#39;s $1,000 of your money going to fees so whatamp;#39;s a good expense ratio aim for under 1% ideally between 0.5% and 0.75% actively managed funds usually have higher ratios than passive ones check out the funds perspective use fund screeners and financial news sites for the ratio details remember the lower the expense ratio the better for your returns by keeping an eye on these fees you can make more informed investment choices happy investing
