Mutual fund fees are often represented as a percentage of your overall investment. Mutual fund fees, in particular, usually range from 0.2% to 1.5%, depending on how the funds are managed (actively or passively). There are two fees for mutual funds:

• Operating fees: Ongoing costs generated by the day-to-day management of the fund.
• Shareholder fees:** One-time costs associated with purchasing, selling, or exchanging mutual fund shares.

There are two main types of fees for ETFs:

• Trading commissions: Costs generated when you buy or sell an ETF. These fees should be considered if you’re planning to trade often.
• Operating expenses: Fees paid for the day-to-day management of the investment. They are paid by the fund and expressed as an annual percentage of the total value, reducing the fund’s return.