<human>: I just spoke with our company's broker since the fund in which my SIMPLE IRA is invested (FTGTX) has a very high expense ratio (2.09%), and I was curious if I was allowed to switch to a less expensive fund.

Somewhat reluctantly, the broker told me that I would technically be able to invest in (nearly) any fund offered by Franklin Templeton, but that expenses help pay for his salary because my company (a small non-profit) does not pay a fee for his services, and that he believes people get too wrapped up in thinking expense ratios are the most important thing.

I have read many times that a managed fund is unlikely to beat the market, and that I should try to invest in a low cost ETF or similar, because fees and compound interest mean significantly less income over the life of an investment. 

I'm tempted to tell the broker "I'm sorry it would cut into your salary, but it cuts into my income more", but I'm worried about it hurting the relationship between the broker and my company, and it *is* true that fees helped pay for the rather lengthy phone call I made to him in the first place!

I'm also curious why he chose to purchase FTGTX when FGTIX seems to be the same fund, except Class A. Couldn't he have purchased FGTIX? They both seem to have the same minimum investment. Did he choose the C Class fund only because Franklin Templeton gives him a bigger cut, or are there other reasons he might have chosen it? 

Just looking for some advice. Thanks, all!

Can you give me the gist of the text in a nutshell?
<bot>: Broker told me that expense ratio pays for his salary and is trying to encourage me to focus on other things. What do?