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M*: Active U.S. Equity Funds Are Slowly Getting The Message On Fees

TedTed
in The Bullpen
FYI: Fund companies finally seem to be getting more proactive about cutting fees. In response to investors moving money to index funds and low-cost actively managed funds, more U.S. equity funds cut their expense ratios in 2017 than in 2016.
Regards,
Ted
http://www.morningstar.com/articles/851676/active-us-equity-funds-are-slowly-getting-the-mess.print.html
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