Summary
You probably realize that mutual funds charge fees. But if you're like most people, you don't really understand what the fees are for, and what's reasonable and not reasonable. So let's run through some fees, shall we? After all, while you can't know how much a fund will earn for you in a given year, you can tell how much it will be charging you.
* Loads. These are simply sales charges commissions paid to the brokers who sell funds. Some funds have them and others don't. Many load fees are as high as 5.75 percent and sometimes more. Imagine a fund with a front-end load of 5 percent. If you deposit $10,000, you'll immediately lose $500. Ouch.See the full content of this document
Extract
Deciphering the Puzzle of Mutual Fund Fees
* Expense ratio. This number reflects what percentage of a fu...
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