The Truth about MER’s
I’m not going to write a post to simply try and justify the benefits of MER’s, however I do want to try and expose why they exist and why they can make sense. The term “MER” stands for Management Expense Ratio and is the fee that many Fund Managers and Companies will take from the fund return of those who invest with them. After all, their objective is generally to make you more money then you could make on your own and for that, they deserve to be paid. This is no different then any of us col
Original post by SAFEBRIDGE Financial Blog