Explain why an actively managed mutual fund usually has a higher expense ratio than an index fund.
Standard detail
I.7c
Depth 2Parent ID: A16AD717785A4361BDB9AC9FE9A50A45Standard set: 12th Grade
Original statement
Quick facts
- Statement code
- I.7c
- List ID
- c
- Standard ID
- 614A2C211165474AA8F3979F7B0A461B
- Subject
- Personal Financial Education (2021)
- Grades
- 12
- Ancestor IDs
- A16AD717785A4361BDB9AC9FE9A50A45AAF61738563B4E3DA86089A83B88A7F1
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US