FYI: Wall Street is reaping mounting revenue from mutual funds and exchange-traded funds, yet investors are paying lower fees.
That sounds like a good deal for the millions of people who use the funds to invest their savings, and a great deal for the companies that run and sell the funds.
But that win-win situation is not quite as benign as it would seem. Many investors are still — often unwittingly — paying huge fees that cut into retirement savings.
Regards,
Ted
http://www.nytimes.com/2015/05/10/your-money/fees-on-mutual-funds-fall-thank-yourself.html?ref=business&_r=0
