You invest 5,088 in an active mutual fund that is benchmarked against the Russell 2000 index of smaller-capitalization stocks. If you sell your shares in the mutual fund after ten years and assuming that the annual gross return is 0.125, then how much money do you have after selling your shares after fees and taxes. The expense ratio of the fund is 0.006. The federal tax rate for the investor is 24 %, the local (state) taxes are 6.57 % and the long-term capital gains tax rate is 15 %. You invest 5,088 in an active mutual fund that is benchmarked against the Russell 2000 index of smaller-capitalization stocks. If you sell your shares in the mutual fund after ten years and assuming that the annual gross return is 0.125, then how much money do you have after selling your shares after fees and taxes. The expense ratio of the fund is 0.006. The federal tax rate for the investor is 24 %, the local (state) taxes are 6.57 % and the long-term capital gains tax rate is 15 %