Unwrapping Fund Expenses: What are You Paying For?
It has become almost conventional wisdom that investors should avoid funds with high expense ratios. Like many nuggets of conventional wisdom, there is some truth, but many exceptions: some of the best funds come at the price of higher expense ratios. Financial planners need this type of evidence to justify selecting particular mutual funds that are appropriate for their clients, even if there are “lower cost alternatives” available.
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Volume (Year): 30 (2010)
Issue (Month): ()
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