It pays to be fee-conscious
aug. 10, 2017
鈥漈he costs for getting it wrong 鈥 investing in high-expense funds when close-to-identical low-expense funds are available 鈥 are large鈥. That is one conclusion in the working paper titled 鈥漈he Mutual Fund Fee Puzzle鈥 by Michael Halling and his colleagues Michael J. Cooper, University of Utah and Wenhao Yang, University of South Carolina.
The paper was recently discussed in a New York Times article.