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Management expense ratio explained

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By Mitchell Sneddon · 29 Jun 2020
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Mitchell Sneddon
By Mitchell Sneddon ·
29 Jun 2020
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time 4yr ago
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Question

What is MER? - Submitted by Chris
 
 

Answer

Hi Chris,

MER stands for management expense ratio. Typically this refers to the total cost of investing in a managed investment e.g. a managed fund, managed portfolio, listed investment company or exchange-traded fund. This covers the management fee and operational costs such as audit fees. It generally doesn't cover brokerage etc.

Cheers,

Mitchell Sneddon 

 
 
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