Comments on: Mutual Fund Fees Jump

By: Allan Roth

Allan Roth — Sat, 22 Aug 2009 22:17:21 +0000

David.

You are right in a sense but shouldn’t the industry share some of our pain and absorb some of the loss? I happen to think so but this is a judgement.

By: david

david — Sat, 22 Aug 2009 08:45:27 +0000

In my opinion it actually makes sense that fees would go up when the value of funds go down – as the fee is based upon the $ value of funds invested.

If the value of the funds goes down 30% the fee goes down 30%. Thus, since fund balances are down, in order to make more money the fund company needs to raise the fee.

By: harm

harm — Thu, 20 Aug 2009 22:45:10 +0000

One other fund family to be wary of is TIAA-CREF,
who has announced at least the possibility of an
expense rate hike….even, if I was reading the
mailing right, a 12b-1 fee(!) on several funds.
grrrrrr