Released: November 30, 2008

Be wary of rising mutual-fund fees

Source: Eileen Ambrose, Baltimore Sun (Free Registration)

Brace yourself: Your mutual fund fees will likely rise next year.

Management fees are often tied to the amount of assets in a fund. The more money in the fund, the lower the fees. But with the plunge in stock prices and investors pulling cash out of funds, assets have been falling.

It’s easy these days to forget about fees when your fund might have lost 40 percent or more in the past year. But fees matter over the long run, and you can end up with a lot less money even if you’re paying what seems to be only slightly more for a fund.

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