Fundsters may want to brace themselves for more mutual fund shareholder questions on fees. Over the weekend the Wall Street Journal
's Joe Light and Mary Pilon penned
an article called "Why Fund Fees Barely Budge," highlighting the importance of fund fees in predicting returns.
The WSJ also wonders why stock fund expense ratios only dipped an average of three basis points from 1997 to 2010. The paper cites data from Morningstar
and the Bogle Financial Markets Research Center
. S&P Capital IQ
analyst Todd Rosenbluth
, Morningstar fund research director Russel Kinnel
, and UVA Darden School of Business assistant professor Richard Evans
all weighed in for the article.
Neil Anderson, Managing Editor
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