From this article on the Morningstar Advisor website we learn that after years of steady declines, fund expenses are actually no longer falling, and in some cases, they're actually rising. From 2003 through 2006, the average mutual fund investor's expense ratio bill fell from 1.00% to 0.90%. That's a huge savings and was a long overdue sharing of the economies of scale that the advisors and the fund industry had been keeping to themselves.
Fund Expenses Impact Your Investment Experience
Fund Expenses Impact Your Investment…
Fund Expenses Impact Your Investment Experience
From this article on the Morningstar Advisor website we learn that after years of steady declines, fund expenses are actually no longer falling, and in some cases, they're actually rising. From 2003 through 2006, the average mutual fund investor's expense ratio bill fell from 1.00% to 0.90%. That's a huge savings and was a long overdue sharing of the economies of scale that the advisors and the fund industry had been keeping to themselves.