This year’s Management Fees and Terms Study recorded an average total global expense ratio (TGER) of 0.95% on GAV and 1.51% on NAV, based on a sample of 61 funds. When accounting for vehicles’ size, the weighted average TGER was 1.02% based on GAV and 1.35% based on NAV.
Key highlights include:
- Core – Open end funds report lower expense ratios with an average of 0.77% on GAV
- Core funds show limited differences in TGERs based on fund size
- Funds with a multi country and /or multi sector strategies show the highest average TGERs of 1.22% on GAV
- Residential and retail funds show the lowest TGERs amongst single sector strategy funds
- ODCE funds exhibit low and comparable TGERs for multi sector – multi country strategies
Read the press release and download the snapshot and report below.
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Management Fees and Terms Study 2022
Last updated on 01 Aug 2023