Management fee cuts aim to trim mutual fund costs
Investors face fewer charges as several old funds reduce management fees in recent years. The move shifts some advisory and bookkeeping costs away from shareholders, prompting questions about the impact on returns and the reasons behind fee reductions.
MENTIONED IN THIS ARTICLE
Tha Outfit
Investamet Advisory Firm
Mutual Fund Board Approves Lower Management Fee Plan
Fundamental Investors, a major mutual fund with about 40 billion in assets, votes on a new management fee arrangement with Investors Management Co. The plan lowers fees, aligning with gains from recent derivative litigation facing fund organizers.
MENTIONED IN THIS ARTICLE
Fundamental Investors Bay
Aml Lever Management
Fea
Investors Mannagement Day, Inc
Anyono
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