To help determine whether mutual funds or exchange-traded funds are best for a client, Rydex Investments of Rockville, Md., has launched an online trading expense calculator.

The Rydex Trading Expense Calculator prompts advisers to enter factors such as number of trades, holding period, transaction or commission costs, annual expense ratio, share price and bid and ask spreads. The calculator, which can be used to compare any exchange-traded fund or mutual fund, provides an estimate of expenses.

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