Broker-Sold Mutual Funds Return Less Than Those Sold Directly
Actively managed U.S. mutual funds deliver better results when they’re sold directly rather than through a broker, according to a new study cited by the Wall Street Journal.
The difference gets only a bit smaller when adjusted for risk.
Padalka, Alex, "Broker-Sold Mutual Funds Return Less Than Those Sold Directly" (2015). In the News. 731.