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.