Glossary
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E
Early Withdrawal Penalty
Earnings
Education IRA
Efficient Frontier
Emergency Reserve
Emerging Markets
Employee Contribution
Employer Contribution
Equity
Equity Style Box
Estate
Expense Ratio
Expense Ratio

The percentage of a mutual fundís assets that are used to pay for operating costs and management fees. This annual cost ranges from about 0.2% to 2% and is subtracted from a fundís returns. In general, youíre better off with a fund that has a low expense ratio because you keep more of its returns.