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Rating:Another Fund Watcher Points to Rising Fees Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, April 28, 2009

Another Fund Watcher Points to Rising Fees

by: Neil Anderson, Managing Editor

Yet another industry commentator expects mutual funds to start charging more, thanks to breakpoints. Kiplinger.com's Steven Goldberg predicts that stock fund expense ratios will rise as falling AUM pushes some funds below pricing breakpoints. He highlights examples like Oppenheimer Core Bond A and Vanguard Intermediate-Term Tax Exempt.

Goldberg's column follows similar articles from Morningstar and the Wall Street Journal (see MFWire, 3/9/2009, 3/23/2009 and 4/6/2009). And OppenheimerFunds and Vanguard aren't the only fund firms who have raised fees so far: American Beacon unveiled a fee increase last month (see MFWire, 3/31/2009). 

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