Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Stock and Money Fund Prices Drop Not Rated 1.0 Email Routing List Email & Route  Print Print
Friday, March 25, 2011

Stock and Money Fund Prices Drop

News summary by MFWire's editors

Money market and stock mutual fund expense ratios dropped in 2010, yet bond fund expense ratios stayed the same. That's one of the key findings in the 2010 edition of the ICI's annual "Trends in the Fees and Expenses of Mutual Funds" report, just released yesterday. Maya Jackson Randall covered the report in the Wall Street Journal "Fund Track" column.

According to the ICI, asset-weighted fund expense ratios in 2010 dipped two basis points to 84 bps for stock funds and dipped seven bps to 26 bps for money funds. Yet, bond fund expenses remained flat at 64 bps. The ICI credited rising assets (up 15 percent in 2010) for the stock fund price drop, more fee waivers for the money fund price drop and shifts into flat fee funds and more expensive global bond funds for the lack of price change on the bond fund side (despite an 18 percent boom in assets). 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use