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[8 Aug 2009 | No Comment | 3,526 views]
Do You Understand the Fees Charged by Your Mutual Funds?  Probably Not.

From Investment Fraud Blawg, Securities Fraud Blawg, and Stockbroker Fraud Blawg:
In a July 31, 2009 article, Sam Mamundi of Marketwatch.com discussed the hidden sales fees charged by mutual funds. As noted in the article, “[t]he majority of retail funds are sold through brokerages, and each brokerage firm levies a range of charges to the fund for every sale. The cost of these agreements is passed on to investors.” These charges come in a variety of forms, including “revenue sharing agreements” …