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Majority of Investors Don't Fully Understand Investment Costs
State Street Corporation
July 27, 2021 "Those who think they understand expense ratios and basis points believe the average expense ratio considered no longer 'low cost' is 0.61%, which exceeds the asset-weighted average expense ratio of U.S. open-end mutual funds and exchange-traded funds. Fund price is not ranked highly as a primary criteria when evaluating investments like mutual funds and ETFs." MORE >> |
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