Why is the annual expense ratio typically much lower
1. Distinguish between realized gains and losses and recognized gains and losses.
2. Why is the annual expense ratio typically much lower for index stock mutual funds than for actively managed stock mutual funds?
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The economic environment will determine the future cashflows of companies and these future cashflows are what most analysts use to value a company.
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Why is the annual expense ratio typically much lower for index stock mutual funds than for actively managed stock mutual funds?
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