About this document
Mutual Fund Competition and Fee Dispersion by Saddam Awan is a document available to read on EtoBox.
This document summarizes a study investigating the role that non-portfolio factors play in creating the proliferation of mutual funds and dispersion of fees within the industry. It uses S&P 500 index funds as a case study, finding that despite the financial homogeneity of these funds, there are still a large number of funds and significant fee variations. The highest-fee S&P 500 index fund charged fees nearly 30 times greater than the lowest-fee fund, and even high-fee funds held substantial market shares.
- Author
- Saddam Awan
- Language
- EN