The Carajas CarajÃ¡s mine sits in The carajas carajÃ¡s (Mountain range Serra) dos carajas CarajÃ¡s. In northeastern brazil the mountain terrain is still evident in the untouched land. Around the-mine the red tan exposed earth contrasts with the. deep green rainforest
(Redirected from Expense Ratio). The expense ratio of a stock or asset fund is the total percentage of fund assets used for administrative, management, advertising (12b-1), and all other expenses. An expense ratio of 1% per annum means that each year 1% of the fund's total assets will be used to cover expenses. The expense ratio does not include sales loads or brokerage commissions. Expense ratios are important to consider when choosing a fund, as they can significantly affect returns.
Morningstar obtains the gross expense ratio for funds from the fundâs audited annual report. Morningstar provides a net expense ratio which reflects fee waivers and the removal of interest and dividend expense, where they are reported.