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The study covered mutual fund expense ratios (not including market impact costs) and the
behavior of these ratios with respect to mutual fund complexes and individual product lines with
various amounts of assets under management.
In particular, the study covered all 533 mutual fund complexes that existed in the United States
during the years 1990 to 1994, encompassing assets totaling about $2 trillion at the end of the
period. A mutual fund complex is a "sponsor" which may offer anywhere from...
Nội dung trích xuất từ tài liệu:
Concept paper on proposed Alternative Investment Funds Regulations
