European investors are paying lower expenses, on average, than ever before. Morningstar has published a study in which we analyse trends in fees for a group of equity and fixed-income investment categories during the period from 2013-20. Our study found the asset-weighted average ongoing charge across funds, which measures the fees that investors paid for the funds in which they were invested during the period, was 0.69% in October 2020, a 31% decline from 2013.
Source: Morningstar Direct. Data as of 30/10/2020.
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