FYI: The costs of owning mutual funds/exchange-traded funds are well-specified. Auto manufacturers sticker cars with estimated fuel expenditures, and appliance dealers post anticipated energy consumption, but those are rough guesses. Actual expenses will vary widely by user. Whereas with funds, a shareholder’s costs can generally be determined precisely, multiplying the expense ratio by the investment’s size.
Sometimes, however, the official numbers don’t tell the complete story. This column discusses three exceptions:
Regards,
Ted
https://www.morningstar.com/articles/878385/3-times-when-fund-costs-dont-tell-the-full-story.html
