Re: "total expense ratios rose"

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Posted by Old Joe on November 06, 2009 at 13:52:12:

In Reply to: Re: 70% of stock funds hiked costs between November and June, Lipper says (lip) posted by Maurice on November 06, 2009 at 13:43:39:

If the fund assets go down you don't necessarily fire people or trade less or need less space to rent, so the fixed costs don't change much. Of course the expense ratio will increase. Ratio is the key word here.

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Re: "total expense ratios rose" JR 14:29:38 11/06/09 (0)
Mo's point is still valid: Why the asymmetry when assets increase if it is tied to assets? (nmt) Fundmentals 14:08:47 11/06/09 (0)
Here's Lipper Report Kevin 14:04:51 11/06/09 (2)
- Vanguard, American Century, others excluded from study msf 19:37:43 11/06/09 (0)
- Re: They should make up thei minds, then... Old Joe 14:12:08 11/06/09 (0)

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Comments: : If the fund assets go down you don't necessarily fire people or trade less or need less space to rent, so the fixed costs don't change much. Of course the expense ratio will increase. Ratio is the key word here.

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Comments:	: If the fund assets go down you don't necessarily fire people or trade less or need less space to rent, so the fixed costs don't change much. Of course the expense ratio will increase. Ratio is the key word here.
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