You are here

Feeling the pain from investment fees

While mutual fund expenses have fallen, analysts say the fees are still taking too much out of investors' returns

BT_20151017_FEES17_1931200.jpg
'The only thing I'm sure about in investing is the lower the fee I pay, the more there's going to be for me.' - Burton Malkiel, a professor emeritus of economics at Princeton University.

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.