EU markets watchdog: Fund fees eat a quarter of retail investor returns

[mahatmakanejeeves]

Fund fees eat a quarter of retail investor returns via @FT

Link to tweet

[dixiegrrrrl]

1. There are investment funds which do not charge that high for investors.

Fidelity and Vanguard, for instance. Depends on which funds you choose and how actively the funds are managed.
But all fees are supposed to be clearly shown in the fund's prospectus , which people should read before plonking their $$$ down.

[mahatmakanejeeves]

3. You are correct.

I made sure to specify that the report was coming from an "EU markets watchdog." I don't know what fee disclosures are like in prospectuses in the European community. In the US, the fees are right there for all to see, per SEC regulation.

Thank you for posting.

[Yonnie3]

2. "first report on charges"

This is 2019! I seem to recall reading similar articles in the '80s. Perhaps the late '70s as Bogle and Vanguard's indexing approach for low fees was analyzed.