Fund fees are dropping, but volume is driving fee revenue higher.
Those are some of the findings of Morningstar's latest study of fund fees, which looked at trends in expense ratios and investor preferences over the past 10 years through 2014.
Investors are going out of their way to take advantage of lower fund management fees. They're abandoning load-based share classes and instead turning to those without loads. No-load share classes also tend to have lower expense ratios.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
