In the News

Title

“Mutual fund fees that are actually good for you”

Document Type

Article

Publication Date

3-16-2010

Abstract

Don't turn your back on mutual funds that charge redemption fees, says Michael Finke, associate professor and Ph. D. coordinator of personal financial planning at Texas Tech University. His research says such fees, which can charge up to 2 percent for pulling out of a fund before a certain period, discourage short-term traders from jumping in and out.