Management expense ratio explained

By Mitchell Sneddon · 29 Jun 2020

By Mitchell Sneddon ·
29 Jun 2020

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3yr ago

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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Amount invested	Our management fees
$0 to $100,000	0.55% p.a.
$100,000+	$550 p.a. capped fees

Management expense ratio explained

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