The Mutual Fund Wire

How Much Do Fundsters Rely on Securities Lending?

Vanderbilt researchers have found expense ratios for index mutual funds, especially ETFs, may not come anywhere close to revealing the fund sponsor’s real revenue from the fund. The study co-authored by Jesse Blocher, assistant professor of management, and Robert Whaley, Valere Blair Potter Professor of Finance, is referenced. Blocher is quoted.

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