Quote:
Originally Posted by Scanner
T. Rowe Price
It does appear I was right - there is an expense fee of .76% associated with this Retirement 2050 Fund.
So, now, there's the normal mutual fund fees and pile on that another .76%.
I guess it's nice to have one place to send your money but I don't know, that .75% could add up IMO. I don't think you need to hold a lot of mutual funds to be diversified and have to rebalance that often (once/year maybe).
I don't know. . .like I said. . .I do use a mutual fund of mutual funds for our college 529 because that time seems to fly but retirement. . .anyone should be able to rebalance 1x/year.
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I believe the .76% is the average expenses based on fund holdings, not a wrapeer of each fund.
But in looking at link provided, no way to know for sure.
My experience with T Rowe Spectrum funds is the expense ratio of "fund of funds" is a weighted average of the underlying funds and not a wrapper.
page 20 of prospectus suggests this
But it is still not as clear, I will give you that.
pg 39 suggests there might be a .25% retirement fund fee, which is not the .76% mentioned above.