A handful of mutual funds closed to new investors are still charging 12b-1 fees, Standard & Poor s found. One hundred and thirty nine funds with a total of 232 share classes are charging an average 62 ...
Fees on mutual funds and exchange-traded funds have continued their decades-long decline, fueled by investor demand for lower-cost products, the rise of index investing, and the ongoing shift away ...
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Brokerage firms could lose up to $30 billion a year in fees if asset managers pursue a dual-class share structure that would add an exchange-traded fund option to existing mutual fund offerings, ...