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 |
|
Thursday, April 11, 2013 Expense Ratios Continue to Fall Average expense ratios for mutual fund investors continue to drop, according to data published by the Investment Company Institute. The average for equity funds was 77 basis points, down 2 from the year prior. For bond funds, it fell one bp to 61. The average for hyprid funds also fell 1 bp to 79. The asset weighted average for target-date funds for 2012 was 58 bps in 2012, compared with 61 in 2011 and 67 just five years ago. Check out the company news release here Printed from: MFWire.com/story.asp?s=43572 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |