AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Many Top Funds' Fees Above Average; They Pull Extra Weight; Focusing on low costs could omit solid funds from your selection list.(MUTUAL FUNDS)(THE BASICS)
Byline: MURRAY COLEMAN
Numbers don't lie. But which ones should you look at first when choosing a fund?
Some advisers point to expense ratios. Those are the fees managers charge to run a fund.
They're expressed as a percentage of total assets. For U.S. diversified stock funds, they average 1.5% of assets; for bond funds, they average 1.13%, according to Morningstar.
For years mutual fund trackers and low-cost leaders in the industry have kept up a steady drumbeat for funds to lower fees. They argue that fund managers who charge more have to work harder to keep long-term performance up with those who charge less.
And they assert that larger funds have failed to pass on to shareholders savings from economies of scale.
That may be true for the average mutual fund. But separating top performers from the rest of the pack reveals a different picture. Namely, it shows that funds are no different than most other products. The leading funds do tend to charge a little more.
- DAL Investment tests magalogs against 9 x 12-inch envelopes.(Promotion)
- Newspaper article from: The Newsletter on Newsletters Goss, Fred October 23, 2006 700+ words
...envelope package," Jeff explains. He will share the results from this mailing with us sometime around Thanksgiving. DAL Investment Company, 235 Montgomery Street, #1049, San Francisco, CA 94104, 415-986-7979, fax 415-986-1595, www.fundx...
- Survey: Small and Mid Caps - An underestimated asset class.
- Magazine article from: epn: European Pensions & Investment News October 14, 2002 700+ words
When talking about small and mid caps, one of the most difficult exercises...good attempt would be to define small and mid caps as "stocks that are not commonly found...only eight large caps left, small and mid caps account for 32% of the Brussels stock...
- STRATEGY: Appetite for risk benefits mid caps.
- Magazine article from: Fund Strategy November 16, 2009 700+ words
...thirst for risk and a renewed interest in mid caps as companies with attractive valuations...stockmarket. At the end of October, mid caps were valued at 13.1 times a one-year...4 times. When risk appetite is higher mid caps have gone to a 20% premium to large caps...
- When Middle of the Road is the Right SMA Path: Mid-caps may have been the...
- Newspaper article from: Money Management Executive August 30, 2004 700+ words
When he talks about mid-caps, money manager Sandy Lincoln likes...exposure, according to Lincoln. Mid-caps also didn't spark investors' imagination...said Lincoln, who has found that mid-caps actually offer a better risk-adjusted...
- BRITISH EQUITIES: Mid-caps still offer significant value.
- Magazine article from: Fund Strategy November 21, 2005 700+ words
...it would be tempting to suppose that mid-caps are now overvalued. But for the discerning...to achieve the optimum returns was in mid-caps, as they have significantly outperformed...thousand dollar question now though is: can mid-caps continue to deliver this level of alpha...
- Mid-caps' flows middling despite top-notch results; Not owning them may be a...
- Magazine article from: Investment News May 14, 2007 700+ words
...Chicago-based Morningstar Inc. were mid-caps: Morningstar Mid-Cap Growth, up 9...same period. Despite their performance, mid-caps "are kind of forgotten,'' said Jeff...cap stocks at their peril. "I think mid-caps are the ugly stepchild of asset allocation...
- The Return of Mid-Caps.
- Magazine article from: On Wall Street Welsh, James May 1, 2000 700+ words
...either large-caps or small-caps, mid-caps have finally found a following. For a...angels. But since rallying a year ago, mid-caps have been where the action is. Stronger...funds that averaged a 158 percent return, mid-caps were the strongest performing fund category...
- Mid caps still going strong, says Brough.
- Magazine article from: Investment Adviser May 8, 2006 700+ words
...continue." The strong performance of the mid caps meant that the FTSE250 returned 46.8...Companies sector, despite a sell-off in mid-caps last year. Juliet Schooling, head of...Financial Services, said she agreed that mid-caps still had life in them and that funds...
