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 |
|
Thursday, December 26, 2013 St. Jack Chronicles the Costs of Mutual Funds Imagine. The costs of mutual funds broken down and explained, almost like sings broken down by Dante writing about the circles of the Inferno. Morningstar columnist John Rekenthaler takes a look at an article written by Vanguard founder Jack Bogle, which drills down and explains the various components of a mutual fund's costs and explains which are intrinsic to the operations of the fund, and which aren't. For example, the six elements of a mutual fund's costs appear in a single table, according to Rekenthaler. Bogle categorizes this costs as first, those that cannot be avoided by any shareholders, and those that vary by investors. Rekenthaler dubs the article "the best treatment yet of the subject." Printed from: MFWire.com/story.asp?s=47189 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |