Technical Appendix to The Cost of Affordable Housing: Does ...

Example of expense ratios and impact on savings 1 Amount after 10 year s in thousands 0.5% $13,000 $14,000 $15,000 $16,000 1.0% 1.5% $15,530 $14,106 Expense Ratio Percentage $14,802 Keep in mind that fees do not necessarily correlate with performance. A higher expense ratio does not … ................
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