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Fund Fees
How Fund Fees are the Best Predictor of Returns
Market News -
If you’ve been following Morningstar’s research for long, you know how important we think the cost of investing is. The expense ratio is the most proven predictor of future fund returns – and our data agrees. That’s also what academics, fund companies, and, of course, Jack Bogle, find when they run the data. But it’s been a couple of years since I provided the proof, so we have updated my data to...