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M* 2015 Fee Study: Investors Are Driving Expense Ratios Down

FYI: Investors are paying less for fund management, largely as a matter of choice.
The asset-weighted expense ratio across all funds was 0.64% in 2014, down from 0.65% in 2013
and 0.76% five years ago.
Regards,
Ted
http://news.morningstar.com/pdfs/2015_fee_study.pdf
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