MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, July 6, 2010 WSJ Takes a Closer Look at 12b-1 Fees Mutual funds charging 12b-1 fees may find that they have a little bit better educated readers this morning. At least if those readers take a look at the Wall Street Journal. The paper's Karen Damato reports that mutual-fund investors paid about $9.5 billion of these fees last year and about 70 percent of funds have at least one share class with a 12b-1 fee, according to the Investment Company Institute trade group. However, regulators are looking to curtail these fees to better protect investors. The article also provides a couple of examples of fund companies -- including Vanguard Group and T. Rowe Price Group Inc. -- that do not generally have 12b-1 charges on their funds. Printed from: MFWire.com/story.asp?s=32708 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |