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Total Expense Ratio (TER)

Much like the AMC and OCF, the TER provides an indication of the annual costs involved in managing an investment. It includes a broader range of expenses and charges than the AMC and therefore provides a more accurate measure of the costs affecting an investment than the AMC does. TER is gradually being superseded by OCF. A TER is not paid in addition to an AMC, the AMC is included within the TER.

Last updated:

9 December 2024 at 09:22:21

Disclaimer

This glossary definition has been deliberately kept as simple as possible to give a brief outline of the term to assist with general financial knowledge. It is not intended to give a detailed explanation. Please refer to our Legal Declarations.

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