Mutual Fund Management Costs

There has been lots of fuss about the steep fees that board members of mutual funds get. Yes, some are too high.

But there is a remedy. Insist on buying funds where the management fees are low. Those who are accused of overpaying board members are usually operating funds with relatively higher management costs that are to be avoided.

There are some funds that get sold by brand name, what marketing people refer to as the signaling process. Unfortunately, there is a better way that too many investors overlook. (See the Earl J. Weinreb NewsHole® comments.)