A. Unfortunately the answer is no. While most investors are aware of a fund's management fees, but few knows how it gets charged.
A fund's management fee is usually calculated as a percentage on an annual basis, however, the charge occurs on a daily basis in order to support the daily operating expenses to run a fund.
For example, a fund's expense ratio is 0.36%, which means for $10,000 investment, it will charge $3.6 per year, or about $0.01 per day. You just can't avoid a fund's management fee.
In addition to management fee, some funds also charge front end or back end loads, which is transaction based. If you want to trade a fund frequently, in addition to its management fee, also pay attention to the load fees.