Mutual Fund Fees Explained - In Under 3 Min!

A simple, easy to follow video explaining all of the fees calculated when purchasing Mutual Funds, from MERs to Sales Charges.

If you've ever purchased Mutual Funds, you may or may not be aware of fees that you are paying not only to purchase this fund but also every year as part of the professional fund management. Common questions that people ask are: What is a good expense ratio for a mutual fund?, What is the average fee for mutual funds?, How are fees paid on mutual funds?, and What is a good investment management fee? After watching this video, you will be able to confidently research and understand all of these answers and understand what fees you pay when investing in Mutual Funds.

An example of this is an MER. MER stand for Management Expense Ratios. A Management Expense Ration is a percentage charged to investors, based on the total amount they have invested in a particular mutual fund.

Sales Fees
These are fees that you pay to the broker or institution that is selling you the fund.

Other Types of Fess Are:

Front-end Load Fee: A front-end load is a fee that is paid when you initially purchase the investment and is usually a % of the amount you are investing.

Back-end Load / Low-load Fee: A back-end / Low-load Fee is when you are charged a percentage of of what you are withdrawing when you sell the fund, usually if you end up selling it before a certain date (ie) 5 years.

On top of these fees, you may also be paying additional fees to your advisor.

RELATED VIDEOS:
Here is my video explaining questions you should ask your Advisor and HOW ADVISORS ARE PAID: https://youtu.be/60ZdSefWw-o
Mutual Fund Facts & Profiles Explained: https://youtu.be/lNjb6tGf6kM
Mutual Fund Basics: https://youtu.be/Pa8CeBT983M
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