Lesser asset turnover is correlated with lesser asset brokerage and trading fees and costs.
Not exact matches
For example, a
turnover rate of 100 % indicates that a fund replaces every
asset it held at the beginning of the year with something else at the end of the year — funds with
turnover rates greater than 100 % average a holding period for a given
asset of
less than one year, and funds with
turnover rates
less than 100 % average a holding period for a given
asset of more than one year.
LISTED FUNDS TEND TO BE MORE PASSIVE INDEX TRACKING INVESTING FUNDS: Because lower cost noload investment company funds usually are index tracking investing funds, in addition, they tend to have
lesser securities portfolio
turnover versus the higher
asset portfolio
turnover of non-index, actively managed investor funds.
(Whichever is
less:
Assets Sold Off - or - New Investment Purchases) / (Net
Assets - 12 quarter average) = Mutual Fund
Turnover Ratio