I believe that I read the "average" ER for common mutual funds is about 1.4%, but, as the prior response indicated there are many variables. I invest mostly in index funds from Vanguard so my funds have ERs in the vicinity of 0.15%. Vanguard's actively managed funds would probably be in the area of 0.7%.Lower is obviously better, but, sometimes there are other controlling reasons and availability. In most cases anything above 1.5% would cause me concern.Bob
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