Your English writing platform
Discover LudwigExact(7)
With total expense ratios on many mutual funds around 2% (and hedge funds charging 2 and 20), that doesn't leave much left for clients.
DOW JONES Night of the Living Buyout Funds | Out of roughly 10,000 private equity funds raised over the past decade, at least 200 are considered zombie funds, charging investors fees with little hope of reaping profit on assets, The Wall Street Journal reports, citing consultants at TorreyCove Capital Partners.
The average stock fund in this year's survey spent only $1.14, and you can find funds charging a lot less.
Most money managers FORBES spoke with charge 1% of assets to oversee amounts under $1 million and put it in funds charging as much or more.
And even if all workers could save at work, the money in 401 k)s and Individual Retirement Accounts (IRAs) there is doomed due to non-diversified funds charging unjustifiably high fees.
I just met with a prospect who was paying his advisor a 2% management fee plus his investments were in front load mutual funds charging 5.75%!!! What a ripoff!
Similar(53)
Funds charge hedge-fund-like fees.
Both funds charge annual expenses of 0.5 percent or less.
Mutual funds and hedge funds charge higher fees than index funds that simply replicate the s&p500.
Mr. Bogle said many investment funds charged around 2 percent in annual fees, although he noted that some index funds charged one-twentieth of that — just 0.1 percent a year.
"PEOPLE always say hedge funds charge an arm and a leg.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com