Expense ratio indicates the operating cost of the fund, and includes investment management fee, advertising expenses, legal fees, etc.
For more details, please visit: What is an Investment Fund? A Simple Explanation for Kids, Teens and Beginners

Expense ratio indicates the operating cost of the fund, and includes investment management fee, advertising expenses, legal fees, etc.
For more details, please visit: What is an Investment Fund? A Simple Explanation for Kids, Teens and Beginners