Mo's point is still valid: Why the asymmetry when assets increase if it is tied to assets? (nmt)

Posted by Fundmentals on November 06, 2009 at 14:08:47:

In Reply to: Re: 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.

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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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