MUTUAL fund expenses can take a big bite out of shareholders' returns. That bite, on average, is shrinking, but academic and industry experts say it could - even should - be diminishing faster: Plenty of investment companies still charge a lot, and many consumers still opt for pricey funds.
Morningstar, the investment research company, and the Investment Company Institute, an industry group, both track mutual fund expenses. Their data, while differing slightly, tells the same tale: Investing in mutual funds is getting cheaper. And that means many investors can keep more of their return dollars.
"The only thing I'm sure about in investing is the lower the fee I pay, the more there's going to be...
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