Portfolio transaction costs
The expenses associated with buying and selling securities, including commissions, purchase and redemption fees, exchange fees, and other miscellaneous costs. In a mutual fund prospectus, these expenses are listed separately from the fund's expense ratio.
Nearby TermsPortfolio separation theorem Portfolio theory Portfolio transaction costs Portfolio turnover rate Portfolio variance
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University