Investors saved roughly $5.5 billion in mutual funds and ETFs fees last year, according to new research from MorningStar.
“One of the more surprising trends is just how shrewd investors have become,” Ben Johnson, Morningstar's director of ETF and passive strategies research, tells CNBC.Daniel Fung | Getty ImagesLast year, investors saved a total $5.5 billion in ETF and mutual fund fees, according to new research from Morningstar. The 6% decline was the second biggest year-over-year drop in two decades.
Costs are down across the board: both actively managed funds and passive funds have seen a steady decline in the past two decades. But in both cases, new money flowing into the funds is gravitating towards cheaper options. "The relationship gets flipped on its head when you're selecting funds — the less you pay the more you on average tend to get," he said.the fee-slashing fire last summer by getting becoming the first fund company to get rid of fees on its two core index mutual funds.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
In 2019 Boeing's Cash Flow Will Fall $5 Billion Or $9 Billion Below January ForecastThe most important thing to come out of Boeing's April 24 conference call is that it withdrew its forecast for 2019
Weiterlesen »
Why your latte costs nearly $5, despite plummeting coffee-bean pricesAs wholesale coffee prices fall, here’s what a cup of coffee really costs to make.
Weiterlesen »
In 2019 Boeing's Cash Flow Will Fall $5 Billion Or $9 Billion Below January ForecastIn 2019, Boeing's cash flow will fall $5 billion or $9 billion below its January forecast
Weiterlesen »
Democratic presidential hopeful Beto O'Rourke proposes $5 trillion climate change planBeto O'Rourke pitches 'world's largest-ever climate change investment,' largely funded through changes to the tax code.
Weiterlesen »
Beto O'Rourke releases $5 trillion plan to combat climate crisisNEW: Beto O’Rourke has released a sweeping, $5T plan to combat what he regularly refers to as the “greatest threat” our nation faces: climate change.
Weiterlesen »
O'Rourke calls for $5 trillion to fight climate changeDemocratic presidential candidate Beto O'Rourke labeled climate change 'the greatest threat we face' as he called for $5 trillion to be spent over the next decade to neutralize carbon emissions
Weiterlesen »
Democratic presidential candidate O'Rourke lays out $5 trillion climate planU.S. presidential candidate Beto O'Rourke on Monday laid out one of the mos...
Weiterlesen »
Beto O'Rourke rolls out $5 trillion plan to combat climate changeDemocratic presidential candidate Beto O'Rourke unveiled a sweeping $5 trillion plan on Monday to combat the effects of climate change.
Weiterlesen »
Beto O’Rourke proposes $5-trillion climate plan for net-zero emissions by 2050Beto O’Rourke, who has described climate change as the top issue of his campaign, released a proposal that would spend trillions of dollars to wean the country off fossil fuels with a goal to reduce net greenhouse gas emissions to zero by 2050.
Weiterlesen »
Dunkin' releases sweet duo of flavored lip balms for $5Dunkin' has released a lip balm set in cinnamon swirl and pumkin flavors for $4.99.
Weiterlesen »