US EditionUS Equity Fund Fees Continue to Decline Amid Rising Investor Demand for Lower-Cost Options
- Investor interest in lower-cost funds led to a decline in equity mutual fund expense ratios in 2024, according to the Investment Company Institute.
- From 1996 to 2024, the average expense ratio for equity mutual funds dropped 62 percent, while bond mutual funds fell by 55 percent, as reported by the Investment Company Institute.
- Average expense ratios for equity mutual funds decreased to 0.40 percent in 2024, as mentioned in the report by the Investment Company Institute.
- Retail investors save money due to a competitive fund market that offers cost-effective investment solutions, stated Shane Worner, Senior Director at ICI.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
All
Left
2
Center
3
Right
1
The Bradford Era+11 Reposted by 11 other sources
US Equity Fund Fees Continue to Decline Amid Rising Investor Demand for Lower-Cost Options
·Bradford, United States
Read Full ArticleCoverage Details
Total News Sources12
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
