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.
A typical annual expense ratio for a U.S. domestic stock fund is about 1%, although some passively managed funds (such as index funds) have significantly lower ratios. One notable component of the expense ratio of U.S. funds is the 12b-1 fee, which represents expenses used for advertising and promotion of the fund. 12b-1 fees are generally limited to a maximum of 1.00% per year (.75% distribution and .25% shareholder servicing) under Financial Industry Regulatory Authority Rules.