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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

'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....

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