Thursday, December 15, 2005

USATODAY.com - More funds lower fees after scandal in 2003

YEAH!!! Fees and expenses eat away large portions of your "nest egg" over the long haul, so every cut is a good thing!

USATODAY.com - More funds lower fees after scandal in 2003: "Fund-tracker Lipper says 2,830 funds reduced their management fees in 2004, compared with 622 that did so in 2003.

Those fee reductions were not one-time cuts but contractual agreements with the funds' investment

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