MutualFundWire.com: Mutual Fund Mavens Are Unsure That Fees are Market-Timing Magic Bullet
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Tuesday, October 2, 2007

Mutual Fund Mavens Are Unsure That Fees are Market-Timing Magic Bullet


Mutual fund executives are not convinced that fees will curb all market timers. The AP reports that a new study commissioned by PFPC found that while 84 percent of fund board directors and executives said they believe that short-term redemption fees would effectively curb short term trading, 69 percent of board members and 55 percent of fund company executives said they think that some die-hards would still engage in the practice.


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