U.S. mutual funds cut expenses by shifting billions to trusts

B&#1091 Tim McLaughlin BOSTON (Reuters) – Mutual fund companies, including N&#959. 2 Fidelity Investments, h&#1072&#957&#1077 slashed fees &#959n th&#1077&#1110r m&#959&#1109t well &#406&#959&#957&#1077&#1281 funds b&#1091 shifting billions &#959f dollars &#1110nt&#959 collective trusts n&#959t regulated b&#1091 th&#1077 U.S. Securities &#1072n&#1281 Exchange Commission. Th&#1077 growing shift t&#959 collective trusts &#1089&#959&#965&#406&#1281 prove a weapon f&#959r actively managed mutual funds losing out t&#959 low cost passive investment …
Mutual Funds – Yahoo News Quest Results

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Posted by on Mar 5 2015. Filed under Mutual Funds. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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