What mutual fund fees are normal?
To properly view this site, javascript must be enabled and Flash version 9 or higher must be installed.
Get the latest Flash player
Get the latest Flash player
Stumbleupon
Reddit
Digg
Mixx
Delicious
Facebook
Twitter
David John Marotta
President, Marotta Wealth Management, Inc., Marotta Wealth Management, Inc.
http://www.emarotta.com
434-244-0000
questions@emarotta.com
David John Marotta is the President of Marotta Wealth Management, a fee-only financial planning and asset management firm in Charlottesville, Virginia. He is an oft-quoted writer and speaker on financial matters and his weekly financial column can be found at www.eMarotta.com
What mutual fund fees are normal?
This expert: 183,188 views
This series: 17,081 views
Transcripts
Host: What mutual fund fees are normal?
David Morotta: All mutual fund companies have fees but some mutual fund companies have higher fees than others. Sometime it s a higher fee because they are an actively traded fund and there is lots of buying and selling that is going on. Sometimes it is an index fund, so they do not have make many decisions and there is very little buying and selling, in which case the fees are lower.
Low expenses ratios will be 1% or less. Very low will be a half of a percent or less and the lowest mutual funds will have 0.
1% or 0.
2%. So, you can get for the very well managed large funds, you can get to your expense ratios down. We recommend keeping expense ratio on your portfolio as a whole under a half percent.
That may mean that some of your sand has an expense ratio of 1% but your rocks are very, very low which is your bigger part of your portfolio. Foreign mutual funds will have higher cost. So, foreign mutual funds might be 1.
2% or 1.
4%, a bond fund might have lower expense ratios.
Other Videos
-
This video will explain the best ways to reduce your student loans quickly, and save money while doing so.
-
-
In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination. This video is designed to deliver basic financial information to assist individuals and families to be able to identify goals and process strategies for their specific financial needs. The topics included in this video cover are: self-evaluation of debt load, budgeting strategies, understanding the effects on your credit and scores, why savings is important, how to develop a debt elimination plan, and the importance of financial education and how financial counseling may be useful.
-
In this video, financial planning professional and member of the Financial Planning Association®, Mark Johannessen, CFP®, describes the four important steps to take when choosing a financial planner. This video is designed for individuals trying to decide if they need the services of a financial planner. This video series includes an overview of knowing when you need the services of a financial planner, looking for a financial planner and choosing the right one, the importance of full disclosure and how to contact a financial planning professional.
-
This video provides tips from experienced realtors and mortgage brokers on how to sell a home, buy a home, price a home and select an agent. Get the best deal you possibly can when either buying or selling your home!
-
In this video, mortgage advisor, Jeff Thomas describes how to purchase your first home and the process you must go through to obtain a mortgage. This video is designed for first time homebuyers and also provides valuable information to indivduals who have purchased a home in the past. This video includes an overview of the four parts of a loan file, mortgage jargon, the loan process, house hunting, the types of mortgages available and the 7 steps on how to manage your mortgage correctly.
Home | Terms and Conditions | Privacy Statement | FAQ | About Us | Contact Us | RSS | Link to Us | Filmmakers | Blog
© Copyright 2009 Knowlera Media LLC. All rights reserved.
View Comments (Add Comment)