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| Data Show Declining Stock Mutual Fund Management Fees The Washington Post; subscription may be required  Sept. 19, 2005 Excerpt: Americans who own U.S. stock mutual funds are paying about 6 percent less in annual management fees than they did before New York Attorney General Eliot L. Spitzer began his assault on industry-wide trading abuses. Today, holders of actively run U.S. stock funds overseen by the 100 biggest fund companies pay an average $9.80 for every $1,000 invested, down from $10.40 two years ago, according to data compiled by Chicago-based Morningstar Inc. |
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