Standard Total Expense Ratio (STER)

A single, standardised expense ratio allows comparison and monitoring of fees and expenses across different funds.

Our Standardised Total Expense Ratio (STER) was developed in response to the need for institutional investors to be able to compare and monitor fees and expenses between different alternative investment funds over time.

The methodology was developed by a working group of asset managers and institutional investors and is focused on calculating a single, standardised expense ratio for comparison and monitoring of fees.

Standard Total Expense Ratio (STER)


Standardised Total Expense Ratio