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BREAKING
TechBinance hack: about $6.4bn stolen and $2.7bn frozen, analysts say MarketsChristine Lagarde to step down as ECB president on 7 February 2027 UNUN Security Council holds its seventh straw poll for the next Secretary-General IsraelIsrael: near-final count gives Netanyahu’s bloc 53 seats and Eisenkot’s 48; official results on 4 November ClimateCOP31 climate talks open in Antalya, Türkiye, on 9 November USAmericans vote in the midterm elections on 3 November TechnologyNorth Korea-linked hackers steal about $6.4 billion from Binance in the biggest crypto theft on record, analysts say WorldSpain mourns after a high-speed train ploughs into a stationary train near Toledo, killing at least 68 WorldIsrael’s election ends without a clear winner as exit polls leave both blocs short of a majority WorldSaudi Arabia intercepts Houthi missiles and drones as Egypt’s parliament backs military support PoliticsLula wins Brazil’s presidential runoff as Flávio Bolsonaro concedes
Markets & money

Expense ratio

The yearly fee a mutual fund charges, as a percentage of the money invested. It is taken out of the fund’s returns.

Related termsNet asset valueMutual fund