MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, April 28, 2009 Another Fund Watcher Points to Rising Fees 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). Printed from: MFWire.com/story.asp?s=21422 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |