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why are there (slightly) different statistics among different websites for the same fund?

Personal Finance & Money Asked on February 3, 2021

I generally assume the statistics (especially expenses-related statistics) for any given fund should be the same across different websites as they collect the information from the same resource/origin.
But I came across the following example and am seeking some clarity and the best practice to find the accurate statistics. Thanks.

GMWAX (GMO Global Asset Allocation Fund)

On Bloomberg https://www.bloomberg.com/quote/GMWAX:US

front load: 0.15%; back load: 0.15%; expense ratio: —

On market watch https://www.marketwatch.com/investing/fund/gmwax

front load: 0.11%; deferred load: NA; expense ratio: 0%

On morningstar https://www.morningstar.com/funds/XNAS/GMWAX/quote.html

expenses: 0.56%; load: none

On New York Times https://markets.on.nytimes.com/research/markets/mutualfunds/snapshot.asp?symbol=GMWAX

front load: n.a.; total expense ratio: 0.57%

One Answer

It could be that some websites are reporting the fund's gross expense ratio while others are reporting the net expense ratio. Funds sometimes use expense waivers to temporarily reduce the expense ratio. The below is a screenshot of a fund provider's website as of 2020-05-08.

Edit: This is not a recommendation for or against any fund.

screen grab from mutual fund provider website

Answered by Charles Fox on February 3, 2021

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