What is an expense ratio?
An expense ratio is an annualized fee (expressed as a percentage of total assets) that funds charge their shareholders. It’s actually charged daily by deducting a very small fraction of the fund’s assets. It covers management fees, administrative expenses and other costs incurred to operate the fund. These costs are baked into the price of the fund, not charged separately. This is different than commissions or fees that a broker may charge to purchase the ETF itself. Basically, the fund sponsor has operational costs, and this percentage covers those costs.
When you invest with Stash, the expense ratio is already factored into the prices you see.
Q. Do single stocks trade like ETFs on Stash?
Yes. You can buy and sell a stock on Stash just like all of the other ETFs that are available to you on the platform. Stash executes trades (buys and sells) in two trading windows each business day. All trades placed are queued up and executed during these trading windows. Stash trading windows only operate…
Q. Am I ready to open a Retire account?
Stash Retire accounts are a tax-efficient type of account designed to help you invest for retirement. If you’d like to learn more about why people decide to open Retire accounts, please read this article. If you’ve decided that saving for retirement is right for you, we offer two different types of individual retirement accounts (IRAs):…
Q. What is a custodial account?
A custodial account allows a parent (or grandparent, other family member, or friend) to open a savings/investing account for a minor*. Until the minor reaches the “age of majority” (usually 18 or 21 depending on the State), only the adult or ‘Custodian’ who opened the account can manage the funds. Think of the age of…
we've already answered.
Now That’s What I Call an Investment! ETFs Explained
You may have heard that Exchange-Traded Funds are a great first investment. But what's an ETF? We use a helpful analogy to break it down
Saving vs. Investing: What’s the Difference?
Stay up to date on Education and learn something new each week.