http://www.investingintelligently.com/2008/06/15/ffi-fund-fee-index-useful/ Not just another (Canadian) financial blog Sat, 16 Oct 2010 15:22:19 -0700 http://wordpress.org/?v= hourly 1 http://www.investingintelligently.com/2008/06/15/ffi-fund-fee-index-useful/comment-page-1/#comment-7897 Mark Sun, 29 Jun 2008 03:02:12 +0000 http://www.investingintelligently.com/2008/06/15/ffi-fund-fee-index-useful/#comment-7897 Looking at the median mutual fund FFI by category (globefund.com) gives investors a sense for how much mutual fund companies take as a percentage of gross return. Investors take all the risk and fundcos take generally over 25% of the return for the major categories (10 year returns). New Jersey casino slot machines can't take more than 14% by law and usually take something closer to 4%. I know it's not the same thing except for one thing. the casinos and fund companies are the only ones who a guaranteed to make money. I think Carrick's not so secret message is "don't buy mutual funds". Looking at the median mutual fund FFI by category (globefund.com) gives investors a sense for how much mutual fund companies take as a percentage of gross return. Investors take all the risk and fundcos take generally over 25% of the return for the major categories (10 year returns). New Jersey casino slot machines can’t take more than 14% by law and usually take something closer to 4%. I know it’s not the same thing except for one thing. the casinos and fund companies are the only ones who a guaranteed to make money. I think Carrick’s not so secret message is “don’t buy mutual funds”.

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