Even while fund managers increase their fees, investors building portfolios are overwhelmingly choosing the cheapest options and paying, on average, less than ever before. Funds fees have been ...

The long-term trend of declining fund fees hit a plateau in 2024, with the asset-weighted average fund fee dropping just two basis points, according to Morningstar’s 2024 Fund Fee Study. Still, that ...

Investors are doing well for themselves when it comes to fees. Over the last 20 years, the average fee paid by fund investors has more than halved—from 0.87% in 2004 to 0.36% in 2023. Because fees ...

Investors paid lower fund expenses in 2025 than ever before. In 2025, the average expense ratio paid by fund investors was less than half what it was two decades ago. Between 2006 and 2025, the ...