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June 5, 2017

Fund investing is cheaper — thanks to you

  • So much money is moving into the cheapest funds that the pressure is on the rest of the industry to cut expenses or risk losing even more dollars.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — Take a bow, investors. It's never been cheaper to invest in funds, and it's largely because of you.

    Investors are increasingly heeding experts' advice to seek out lower-cost funds in their 401(k) accounts and other portfolios. And because so much money is massing in the cheapest funds, the pressure is on the rest of the industry to cut their own expenses or risk losing even more dollars. The result of this heightened cost consciousness: Investors are keeping more of their own dollars and possibly setting themselves up for better returns in the future.


     
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