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Each year, Lipper produces the “Lipper Quick Guide to Fund Expenses”. The report for open-end (OE) funds consists of a table displaying the asset-weighted average and average total expense ratios by load type (front-end load/no-load, back-end load/level load, and institutional), fund type (actively managed funds, indexed funds, exchange-traded funds, and funds of funds), and Lipper classification/objective. The table provides a quick reference to total expense ratios and enables the reader to compare them between different groupings.
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