Mutual Funds
How can I find out expense ratio on funds. I have index Vanguard S&P, small cap, large cap etc. I got them because they are the lowest but nobody can tell me how to find out exactly what they are charging. It doesn’t show up anywhere. Thank you. Karen
Terry Says
Go to Morningstart.com and sign up for a 7-day free trial and you can easily compare performance records and expense ratios for various funds. Or go to the Fund company website — such as Vanguard or Fidelity and click on the fund name and you will see the fund expense ratio. BUT you might have to do a bit of digging, because the expense ratio can depend on the “class” of shares you own. A broker-sold version of the fund is likely to have a significantly higher expense ratio.
If you purchase directly from the fund company, they fully disclose the expense ratio. For example go to Fidelity.com, insert the name of the fund, and the ratio pops up clearly for each fund.
