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Load and No-Load Mutual Funds Expenses Compared
An Aug 23 1967 Cedar Rapids Gazette analysis reports no load mutual funds incur slightly higher management fees on average but near parity with load funds. Studies compare expense ratios across 116 load funds and 20 no-load funds, finding 0.69 percent versus 0.70 percent, and similar results for larger funds, challenging the notion of a free lunch in no-load options.
MENTIONED IN THIS ARTICLE
The
Cedar Rapids
Sion
Martin K. Gordon
Milwaukee
Avviteston
R. Wayne Masters
Falls, Church
John Bryan
Cleveland Plain Dealer
O. J
Jack Kuenhold, Jr
Cleveland
Paine, Webber, Jackson & Curtis
New York
Securities and Exchange Commission
Congress
Kuenhold
Loomis- Sayles Capital Development
Loomis- Sayles Mutual Fund
Axe-Houghton Stock Fund
Ivest
Oppenheimer
Hiesenberger
Po Amer
Loomis-Sayles
New Horizons
Scudder
Load
Affiliated
O Chemical Fund
Dreyfus Fund
Fidelity Fund