Fees cut for Emerging Market funds

Fees have declined for emerging market mutual funds over the past few years, making them more attractive to US investors.

The decline is due to the rise of exchange-traded funds and a movement by institutional investors to lower overall costs.

For example, Franklin Templeton Investments cut management fees on its emerging market funds, reducing individual investor expense ration from 1.25 per cent to 1.15 per cent. This was the third cut in the last four years.

Meanwhile, emerging market mutual funds remain one of the more expensive investments for those in the US. And whether they will decline more remains to be seen.

EmergingMarketBanking

Read more at the Wall Street Journal.