Attorneys for the defense in Kennis vs. Metropolitan West say their victory in district court could be a turning point in a trend of securities litigation that emerged after a Supreme Court decision known as Jones vs. Harris.
Tag: mutual fund fees
Investors also look at historical performance and performance compared to an index, ICI found.
A report by Morningstar credits this decline to the migration towards lower-cost funds and an influx of strategic-beta funds.
Forty percent say this information is “very important” when selecting a mutual fund, ICI found in a survey.