“Mutual fund fees that are actually good for you”
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.
Choe, Stan, "“Mutual fund fees that are actually good for you”" (2010). In the News. 636.