Tags: Mutual | Fund | Fees

Studies: Mutual Fund Fees Declined in 2011

Monday, 23 Apr 2012 06:37 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Mutual fund fees fell slightly last year, driven in part by investor demand for low-cost funds.

Those findings are in separate reports issued Monday by Morningstar and by the fund industry's trade organization, the Investment Company Institute.

The annual reports examined average fund expense ratios. That's the fee investors pay each year, expressed as a percentage of a fund's assets.

Morningstar found the typical investor paid 0.75 percent last year, or $7.50 for every $1,000 invested. That's down from 0.77 percent in 2010. Morningstar's figure is the average for stock funds and bond funds, as well as funds investing in alternative assets.

The ICI found investors paid 0.79 percent at stock funds last year, while bond fund investors paid 0.62 percent. Both are down slightly from 2010.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
You May Also Like
Around the Web

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved