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Fund Fees Plunge! Thank the Investors
BloombergLink to more items from this source
Apr. 24, 2015
"Fund expenses are coming down, but don't thank the financial services industry -- pat yourself on the back.... [I]nvestors have overwhelmingly favored low-cost index funds and exchange-traded funds over the past five years -- index funds, for the most part, but low-cost actively managed funds, too. All but 5 percent of the money going into funds went to products with expenses in the lowest 20 percent of the fund universe."

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