Featured Jobs
|
DWC - The 401(k) Experts
|
|
PPS Pension Services
|
|
Retirement Plan Onboarding Specialist Compass
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Mutual Fund Manager Transaction Fees: The Elephant in the Living Room
Financial Advisor 
May 12, 2008
Excerpt: In most mutual funds, total transaction costs are equal to or higher than the funds' entire expense ratio, though they are also paid out of fund assets. Of the several categories of transaction costs, only brokerage commission costs are publicly reported, as required by law. Otherwise, investment companies withhold the data. Enter U.S. Rep. George Miller (D-Calif.), the Securities and Exchange Commission (SEC) and the Department of Labor (DOL), all of whom have joined the fray over such costs.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |