Imagine. The costs of mutual funds broken down and explained, almost like sings broken down by Dante writing about the circles of the Inferno.

Morningstar columnist John Rekenthaler takes a look at an article written by Vanguard founder Jack Bogle, which drills down and explains the various components of a mutual fund's costs and explains which are intrinsic to the operations of the fund, and which aren't.

For example, the six elements of a mutual fund's costs appear in a single table, according to Rekenthaler. Bogle categorizes this costs as first, those that cannot be avoided by any shareholders, and those that vary by investors.

Rekenthaler dubs the article "the best treatment yet of the subject." 

Edited by: Tommy Fernandez


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