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Investors Paid Lower Expense Ratios for Equity Funds in 2013, Downward Trend Continues
Investment Company Institute [ICI] 
May 14, 2014 "In 2013, the average expense ratio that investors paid for equity funds saw a substantial decline -- to 74 basis points (0.74 percent), representing a drop of 3 basis points from 2012. The average expense ratio of bond funds remained unchanged at 61 basis points, consistent with a small percentage decline in the total assets of bond funds last year. The average expense ratio of hybrid funds rose by 1 basis point in 2013, to 80 basis points." MORE >> |
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