Karl W. Blovet & Associates
53 W. Jackson Blvd., Ste. 1628
Chicago, Illinois 60604
Telephone: (312) 435-4000
Mutual Fund Expenses
A recent study of 17,000 stock mutual fund share classes by Standard & Poor’s, determined that fund expenses are a critical factor in fund performance.
The study found that over a ten-year period ending in May of 2004, stock funds with lower than average expense ratios performed better than funds with higher than average expense ratios in all investment style categories except one. The exception was the mid-cap blend category.
It is important for you to keep fund expenses in the forefront of your analysis when selecting funds for your portfolio.
