MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, December 24, 2009 American Funds and Fidelity Face Flak Over Performance and Fees Thanks to their size, some mutual funds drew in seemingly large (i.e. $100 million-plus) fees in 2008, even as their performance suffered. MarketWatch's Sam Mamudi tars several large American Funds and Fidelity offerings, though he does note that those fees were still substantially lower thanks to the funds' lower assets. Karen Dolan, director of fund analysis at Morningstar, weighs in on the subject. Printed from: MFWire.com/story.asp?s=23625 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |