Do you want to know the cost of investing in mutual funds? Our mutual fund expense calculator is ready to show you the total expenses of holding mutual fund and thus your actual return from the investment. The dedicated report will graphically illustrate the findings of investing in such capital market instrument.
Give a name to the fund only for the purpose of calculation.
The type of mutual fund you have chosen to hold. This will have no effect on the calculation.
Duration of your investment. Number of years after which you expect to sell the securities.
The total amount of fund you want to invest on mutual fund, excluding front-end sales charges from this initial amount. Any other fees and charges regarding the investment will be adjusted later.
Rate of return
The rate of return you would receive from the mutual fund investments.
Sales charge (front-end load)
Sales charge or front-end load is the amount charged on your purchase price. So, this is the amount you pay to the broker at the time of mutual fund purchase. Normally, purchase of this capital market instrument is free U.S.A. and such sales charge free mutual funds are named as no-load.
Deferred sales charge (back-end load)
The amount of money deducted from your sales proceeds. This amount is charged as a percentage of the total value realised from the sale of mutual fund stocks. A different is that sometime the deferred sales charge is calculated on number of years you hold the shares. Deferred sales charge is also named as back-end load.
Other fees and commissions
Total fees and commissions payable on the share purchase. This fees and commissions are paid by out-of-pocket costs and thus don’t affect the share purchasing power. You need to bring additional money keeping intact the initial investment to meet these expenses.
If the prospectus suggests that your purchased mutual fund stocks will be converted to new kind of stocks, you need to check the box. You will have to pay the conversion costs and costs relevant to that particular stock during the time of conversion.
Mention the year your mutual fund shares will be converted to a new type of shares.
Total operating expenses
Total amount of operating expenses on the amount of shares. You need to input the before and after conversion operating expenses if your share converts. The operating expenses are normally adjusted from your account at the end of every year.
The cost of entering into this investment by giving up other available options. So, this is the cost you could earn, by investing the so far incurred expenses, in other investment assets.