Fees on equity US funds : “feemageddon” (FT)


On March 22nd the Financial Times published its comments on a new survey by the Investment Company Institute about fees on US equity funds. This survey shows that these fees keep going down year after year, under the pressure of competition coming from low cost index funds.

The average Total Expense Ratio (TER) was 0.55% in 2018, againts 1.00% in 2003.

Investment Company Institutekey findings

FT : Asset managers slash expenses as ‘feemageddon’ bites