I am looking at mutual funds that list fees and expense ratio side by side. For the purposes of comparing funds, should I add all the numbers together and treat them as expense ratio?
For example, this American Funds target date fund lists the following fees and expense ratio:
Annual Management Fees 0.00%
Other Expenses 0.12%
Service 12b-1 0.27%
AAMTX 1 0.79%
So when comparing expense ratios, should I treat this fund has having a total 1.18% expense ratio?