×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Mutual | Fund | Fees

Studies: Mutual Fund Fees Declined in 2011

Monday, 23 April 2012 01:37 PM

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 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


127
2012-37-23
Monday, 23 April 2012 01:37 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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