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Article: Hard-to-see fund trading costs are on the rise?
- Article from:
- New Haven Register
- Article date:
- August 17, 2009
- Author:
CopyrightCopyright 2009 New Haven Register. Provided by ProQuest LLC. (Hide copyright information)
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By Mark Jewell AP Personal Finance Writer
BOSTON -- A mutual fund's expenses and trading costs should be at
or near the top of the list when you're weighing the factors most
likely to influence long-term returns. Studies show high expenses to
run a fund and hefty costs from a fund's frequent trading can go a
long way to offset whatever smart moves a manager can make.
While it's relatively simple to understand and measure a fund's
operational costs by looking at its expense ratio, it's not so easy
with the charges that stack up each time managers adjust their
portfolios. Trading costs from brokerage fees and other transaction
expenses can rival or even surpass the hit investors take from high ...