| Expense Ratio | Number of Funds | Amount of Funds ($ Billions) |
|---|---|---|
| Under .25% | 46 | $ 204 |
| .25% to .49% | 185 | $ 270 |
| .50% to .74% | 204 | $ 134 |
| .75% to .99% | 155 | $ 91 |
| 1% and Over | 114 | $ 32 |
Monthly average net yield and balances for banking organization-sponsored funds as of March 2004. The March monthly average expense ratio for banking organization-sponsored funds is 0.68% and 0.76% for non-bank sponsored funds. Source: iMoneyNet, Inc. |
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