Here's Lipper Report

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Posted by Kevin on November 06, 2009 at 14:04:51:

In Reply to: Re: "total expense ratios rose" posted by Old Joe on November 06, 2009 at 13:52:12:

: 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.

http://financial.thomsonreuters.com/deo/pdf/TheHalfwayPoint.pdf

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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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