Fund fees fall 6% as investors aim to minimize investment costs
June 09, 2020 at 17:15 PM EDT
An annual fund fee study conducted by investment research company Morningstar found that the asset weighted average expense ratio across U.S. funds dropped six percent year-over- year to 0.45% in 2019 compared to 0.48% in 2018, the third largest decline since 1991.