Expense Ratios
8/7/23
Mutual funds and ETFs have an expense ratio which is a management fee for the fund. You may not see the bill, but you’re paying it, and it may be significant. Below are examples of two popular Fidelity funds.
| Fund Name | Expense Ratio* | Yearly Fee with $250k Investment |
|---|---|---|
| Fidelity® Contrafund® | 0.550% | $1,375/yr |
| Fidelity® Total Market Index Fund | 0.015% | $38/yr |
*As of 8/7/23
