If a fund has a portfolio turnover rate of 80%, and for every sell transaction the stock is replaced via a buy transaction, a total of 160% of the portfolio value will be transacted each year. For trading costs of 0.75% per transaction, the annual trading costs amount to (1.6)(0.75%) = 1.20% of the portfolio value. If one adds a 0.3% management fee to this amount, the total becomes 1.50%.
mingle definition: To mingle is defined as to mix together, or participate with others at a party or social event. (verb) When a bunch of voices all mix together to become a general hum of conversation, this is an example of a situation where the vo...
3) walking over to a group of people and listening to them gossip and puttin a few mean words in here and there. LadyGo over there and mingle with the girls. GirlMingle, i don't understand that word, your lango confuses me (laughs inside cuz she really knows what mingles is she just doesn't want to do it).