DQOTD: Why aren't mutual funds required to report gains net of all expenses?
Inspired by the other thread re: mutual fund fees and the Supreme Court. While the info is all there, they make it as difficult as possible to determine what an investors return net of all expenses is - and isn't that what we all really want to know? If a fund makes 8.0% and it's expenses are 1.5%, the only number I care about is 6.5% net return. I don't care if they charge 10% fees if their performance net of expenses justifies it (exaggerated to make the point)...
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)