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Wednesday, November 2, 2011 Northern Trust Slashes Fund Fees Northern Trust [see profile] fund investors, rejoice! Starting in January 2012, the fund firm is looking to slash the total annual fund operating expenses for 35 equity, bond, and fixed-income funds, including a 25-basis-point decrease for Northern Large Cap Value and Northern Small Cap Core and a 45-basis-point decrease for Northern Fixed Income, Morningstar reports. The firm said in a filing that the new fee reductions are expected to continue from implementation until at least December 31, 2012. Printed from: MFWire.com/story.asp?s=38219 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |