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| has gloss | eng: The expense ratio of a stock or asset fund is the total percentage of fund assets used for administrative, management, advertising (12b-1), and all other expenses. An expense ratio of 1% per annum means that each year 1% of the fund's total assets will be used to cover expenses. The expense ratio does not include sales loads or brokerage commissions. |
| lexicalization | eng: Expense Ratio |
| instance of | e/Financial ratio |
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