Mutual fund fees are still falling, according to a report in the
Financial Times.
The report is based on new data from Lipper suggesting that increased competition from indexed funds and ETF is forcing actively managed funds to cut fees.
The story includes a quote from
Fran Kinnery, a principal at
Vanguard [
profile], saying that "costs are now a primary decision for all investors. Their mentality has changed."
For more details, check out the original story hre
 
Edited by:
Ben Geier
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