Two new studies show that mutual fund investors paid less, on average, for their funds last year, continuing a long, slow trend.That news, released in separate studies from the Investment Company Institute and investment researcher Morningstar Inc., should raise three questions for fund investors:
What do my funds charge and are they part of the low-cost trend?”
Am I paying too much?
Could I pay less without damaging my portfolio, asset allocation or emotional security about my strategy and plans?
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3 Questions for Mutual Fund Investors Looking to Pay Less