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Total Expenses: Ratio & Formula

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

TER stands for:

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1. The Total Expenses Ratio is calculated by

2. The annual management charge (AMC) is

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About This Quiz & Worksheet

The Total Expenses Ratio is an important part of understanding the expenses of a mutual fund. This quiz/worksheet combo will help you understand the ratio, including how it's calculated and what that information can tell you.

Quiz & Worksheet Goals

In these assessments, you'll be tested on:

  • What TER stands for
  • How to calculate the Total Expenses Ratio
  • What the annual management charge is
  • How to calculate total fund assets
  • The meaning of a low TER

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related Total Expenses Ratio lesson
  • Interpreting information - verify that you can read information regarding the annual management charge and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the Total Expenses Ratio

Additional Learning

Examine real-world examples involving the Total Expenses Ratio by viewing the lesson called Total Expenses: Ratio & Formula. This lesson covers the following objectives:

  • Explaining how to use the Total Expenses Ratio
  • Discussing how other factors, such as the annual management charge, affect the total fund cost
  • Providing information on how to interpret the TER
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