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AAPL 212.33 -0.7804% MSFT 382.96 -1.4767% NVDA 116.8399 -2.2506% GOOGL 160.37 -2.386% GOOG 162.43 -2.4854% AMZN 193.36 -1.2159% META 583.35 -3.5626% AVGO 189.11 -2.7712% LLY 820.095 -0.5656% TSLA 225.9557 -5.0646% TSM 173.6 -1.1143% V 334.155 -0.1181% JPM 234.72 0.3377% UNH 505.71 1.3406% NVO 81.065 1.1416% WMT 85.9 -1.7837% LVMUY 133.67 -0.0598% XOM 113.6 -0.1406% LVMHF 665.27 -0.9278% MA 528.85 -0.5902%

Home » Glossary

Management Expense Ratio (MER)

Updated on August 29, 2023

The management expense ratio (MER), also referred as expense ratio, is defined as the fee that is required to be paid by a mutual fund or ETF (exchange-traded fund) shareholders. The management fund ratio (MER) goes toward the entire expenses that are used to operate such funds.

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