An expense ratio is an amount that a shareholder pays annually. It measures how much money a company needs to run the mutual fund. JDMAX has a high expense ratio, which is 1.81. Anything over 1.5 is judged as high. This figure is decided by a calculation. Operating expenses are divided by the dollar value of its total market value or assets under management (AUM). The expense ratio is related to investment return because the more money given in fees correlates with the amount of money the investors get. Investors care about this because if the amount fees is high, they get less money in
An expense ratio is an amount that a shareholder pays annually. It measures how much money a company needs to run the mutual fund. JDMAX has a high expense ratio, which is 1.81. Anything over 1.5 is judged as high. This figure is decided by a calculation. Operating expenses are divided by the dollar value of its total market value or assets under management (AUM). The expense ratio is related to investment return because the more money given in fees correlates with the amount of money the investors get. Investors care about this because if the amount fees is high, they get less money in