MutualFundWire.com: Insult to Injury
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Monday, July 8, 2002

Insult to Injury


Surrender fees for load mutual funds and variable annuities aren't making investors happy, at least according to an article in today's The Wall Street Journal. Given the turbulent markets these days, the article equates the surrender fees to "rubbing salt in an open wound". Investors who might want to bail because of declining returns may be thinking twice because of those fees.


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