Added Perspective

Trends in the Expenses and Fees of Funds, 2019

March 27, 2020

By Investment Company Institute

The average expense ratios of equity, hybrid, and bond mutual funds—including both actively managed and index equity and bond mutual funds—have declined substantially over a period of more than 20 years, according to a new research report from the Investment Company Institute. Trends in the Expenses and Fees of Funds, 2019, found that equity mutual fund expense ratios averaged 0.52% in 2019 compared with 1.04% in 1996—a 50% decrease. Hybrid mutual fund expense ratios averaged 0.95% in 1996 and fell to 0.62% in 2019; and similarly, bond mutual fund expense ratios averaged 0.84% in 1996, falling to 0.48% in 2019.


To access the report, click here.



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