Invisible Fees in Mutual Funds

Transparency in the financial world has traditionally been lacking. As information sources have increased, along with it has come more chances to look behind the curtain. 

The mutual fund industry in America is huge, most all Americans have or currently do use these products for accumulating funds for retirement and many other uses.

Mutual funds are a collection of assets ranging from stocks, bonds, real estate (REITS) and other asset classes. To make the funds operate, fees and expenses must be charged or assessed. When a mutual fund is purchased, a prospectus of the fund (disclosure) and its goals are always included in sales process. In the prospectus is a full disclosure of fees and expenses, however many who buy mutual funds rarely understand all of them.  

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