Abstract
This article presents the construct of a <i>New</i> Total Expense Ratio built upon the concept of normative transparency of disclosure that presents the reality of adviser/distributor payments to brokers “behind the mutual fund curtain.” These payments are paid indirectly by fund shareholders by way of fund fee payments. Approval of the <i>New</i> Total Expense Ratio should foster significant prohibitions and changes in the types of huge payments made by mutual fund advisers from fund assets to brokers based on or derived from sales of adviser fund shares. <b>TOPICS:</b>Mutual fund performance, manager selection, risk management
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
