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Monday, December 17, 2012

WSJ Gives More Ink to the Fee War

News summary by MFWire's editors

The Wall Street Journal continued to focus on the mutual fund fee war this weekend, looking at just how far indexed fund firms could go to undercut each other.

The story is a followup to last week's news of Fidelity [profile] cutting fees — though reporter Kristin Grind points out that Fido's fees are now the same as or only slightly lower than rival Vanguard's [profile].

Grind talks to Dave Nadig, the director of research at IndexUniverse, who said the change is too small for any investor to really notice.

For more detailed analysis of the ongoing struggle, read the original article

Edited by: Ben Geier


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