Investing Blog Roundup: Morningstar Fund Fee Study

Morningstar recently released their annual fund fee study. Mutual fund investors continue to pay lower and lower fees per year, and it’s largely due to the fact that we’re choosing less expensive funds:

“Investors deserve most of the credit for putting the squeeze on fees. […] In nine of the last 10 years, the cheapest 20% of funds across all Morningstar Categories have, as a group, accounted for 100% of the net inflows into all funds. Meanwhile, money has poured out of the remaining 80% in all but one year over the past decade.”

• How Low Can Fund Fees Go? from Ben Johnson

Recommended Reading

• Limits of Tax Diversification and the Tax Alpha of Roth Optimization from Michael Kitces*
• Study Alleges 6% of RIAs Committed Fraud with Large PPP Loans from Tracey Longo
• The Majesty of Simplicity from Jim Dahle
• Common Estate Planning Roadblocks and How to Work Through Them from Katie Brewer
• High Profits at Low Rates: The Benefits of Bond Convexity from Portfolio Charts

*Related reading:

• When Does a Roth Conversion Make Sense?
• Roth Conversion Planning: A Step-by-Step Approach

Thanks for reading!