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What mutual fund fees are normal?
All mutual fund companies have but some mutual fund companies have higher fees than others. But sometimes it’s a higher fee because they’re an actively traded fund and there are lots of buy and selling that’s going on.
Sometimes it’s an index funds. They don’t have to make very many decisions and there is very little buying and selling in which case the fees are lower.
A low expense ratio has to be one percent or less. Very low would be a half of percent or less and the lowest mutual funds will have 0.1% or 0.2% so you can get for the very well managed large funds. You can get your expense ratio as down.
We recommend keeping expense ratios on your portfolios a whole under a half percent. That may mean that some of your percent has an expense of ratio of one percent but your rocks are very low which is your bigger part of your portfolio.
Foreign mutual funds will have higher costs so foreign mutual funds might be 1.2% or 1.4% upon fund that might that might have lower expense ratios.