You bought shares in Wasatch Small Cap Investor Fund, spending $10,000. The fund has an annual net expense ratio of 1.27%. If the fund earns an average return of 8% annually before deducting the net expense ratio, what rate of return should you use to calculate your annual return?

 

Answer rating: 100% (QA)

Answer To calculate your annual return you need to consider the expense ratio ... View the full answer