|
|
|
|
GAO Report Urges Mutual Funds To Disclose Expenses Investors Pay
Mutual funds do not tell investors how much they have paid, individually, in expenses. They provide a percentage and a hypothetical applicable to all investors in the fund.
The GAO opines that the current disclosure is insufficient. Investors who know their expense likely will shop for more competitive funds, the GAO predicts, instead of relying only upon performance data.
Source: Wall Street Journal, July 6, 2000
|
Sponsored by James J. Eccleston. This Web site contains material of general interest. It is neither intended to, nor constitutes, either legal advice or investment advice.
Always consult an attorney and/or investment adviser when building and protecting your wealth.
All content Copyright © 2010 Advocate Compliance Partners, Inc. except where noted. All rights reserved.
One North Franklin Street, Suite 2620, Chicago, IL 60606
Telephone 312-332-0000 | Fax 312-332-0003
|
|
|
|
|
