Fees on Mutual Funds Fall. Thank Yourself

Wall Street is reaping mounting revenue from mutual funds and exchange-traded funds, yet investors are paying lower fees.

That sounds like a good deal for the millions of people who use the funds to invest their savings, and a great deal for the companies that run and sell the funds.

But that win-win situation is not quite as benign as it would seem. Many investors are still — often unwittingly — paying huge fees that cut into retirement savings.

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