simple math computation for a brokerage account-calculate average fee
Budget: $15 – $25 USD
I have an account with various fees for each fund. Based on the value (percentage of the account that the fund represents), what is the real average fee that I am paying for that account.
Fund Fee Value of assets in fund
1.25% $1,698,175.00
0.05% $1,178,453.00
0.42% $2,141,702.00
0.39% $4,734,714.00
0.81% $837,803.00
0.47% $860,414.00
0.46% $519,166.00
0.40% $424,773.00
0.25% $2,494,776.00
0.78% $1,518,009.00
0.35% $1,355,406.00
Total for account $17,763,391.00
Fund Fee Value of assets in fund
1.25% $1,698,175.00
0.05% $1,178,453.00
0.42% $2,141,702.00
0.39% $4,734,714.00
0.81% $837,803.00
0.47% $860,414.00
0.46% $519,166.00
0.40% $424,773.00
0.25% $2,494,776.00
0.78% $1,518,009.00
0.35% $1,355,406.00
Total for account $17,763,391.00