Faculty Publications

Title

Mutual Fund Redemption Fees Can Benefit Long-Term Investors

Document Type

Article

Publication Date

5-2014

Abstract

The article discusses the impact on a mutual fund's performance of redemption fees charged to investors seeking to redeem their shares. Research the author conducted with Michael Finke of Texas Tech University and William Waller of the University of North Carolina at Chapel Hill found that on a risk-adjusted basis, stock funds that charge redemption fees outperform those that don't.