March 05, 2010
Important article in recent Wall Street Journal on "The Hidden Costs of Mutual Funds"
Monday's Wall Street Journal had a really good article: "The Hidden Costs of Mutual Funds"
Portfolio managers can rack up steep expenses buying and selling securities, but that burden isn't reflected in a fund's standard expense ratioIt summarizes the issue very well. Nice work by reporter Anna Prior.
Read the whole thing.
Posted at March 05, 2010 04:12 PM | Permalink