Acquired Fund Fees And Expenses - AFFE

Filed Under » , ,
Dictionary Says

Definition of 'Acquired Fund Fees And Expenses - AFFE'

A line item in a fund-of-funds' prospectus that shows the operating expenses of the underlying funds. This became a requirement as of January 2007 and this information is found beneath the "Fees and Expenses" heading.
Investopedia Says

Investopedia explains 'Acquired Fund Fees And Expenses - AFFE'

A check of Morningstar and Standard & Poor's fund reports indicates that investment research firms are reporting a fund-of-funds' expense ratios with AFFE included. Previously, in many instances, a fund-of-funds' expense ratio was reported as zero, which meant that while there weren't any expenses incurred by the fund-of-funds per se, there would be operating expenses incurred by the various underlying funds in the portfolio. The new AFFE disclosure now fills in that blank.

Articles Of Interest

  1.

    The Pros And Cons Of Target-Date Funds

    These accounts will take charge of your retirement savings, but should you let them?

  2. Life-Cycle Funds: Can It Get Any Simpler?

    Discover a security that offers a way for you to put your retirement portfolio on autopilot.

  3. How To Invest In Private Equity

    Private Equity might be a pricey investment, but returns are on the rise and the payoff could be big.

  4. Hedge Funds Go Retail

    Find out how average investors are breaking into what was once reserved for the ultra rich.

  5. Introduction To Treasury Inflation-Protected Securities (TIPS)

    If you want to protect your portfolio from inflation, all you need are a few TIPS.

  6. 6 Asset Allocation Strategies That Work

    Your portfolio's asset mix is a key factor in whether it's profitable. Find out how to get this delicate balance right.

  7. How To Cut Your Mutual Fund Fees By Up To 90%

    Most mutual funds don’t come close to beating the indexes they’re compared against. And yet they carry steep fees for active management. Find out how a little research and effort can cut your ...

  8. A Top-Down Approach To Investing

    Use a global view to determine which stocks belong in your portfolio.

  9. How Risk Free Is The Risk-Free Rate Of Return?

    This rate is rarely questioned - unless the economy falls into disarray.

  10. Investing With A Purpose

    Your reasons for investing are bound to change as you go through the ups and downs of life. Setting goals is the first step in determining which investment vehicles are right for you.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...

  2. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.

  3. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.

  4. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.

  5. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...

  6. Bailment

    The contractual transfer of possession of assets or property for a specific objective.
Trading Center