Fund firms may find themselves fielding queries from investors this morning on the impact of the market decline on break points and fees. In Monday's Wall Street Journal Fund Track
, Ian Salisbury warns investors that fees could be inching up as assets decline in a bear market. Just how much impact break points may have had is not immediately clear, though. Citing Morningstar
, Salisbury notes that mutual funds are still reporting their expense ratios for 2008 so the impact of break points could not be determined yet.
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