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Low Fee Funds May Not Always Be Best Option
Investment products that focus on tax efficiency and risk management may reduce costs for investors more than low-fee funds, according to a study called “The Efficient Investor” by Matt Fellowes, CEO of United Income. So reports Financial Planning.
Low-fee funds can save $40,000 over the life of an investor, but funds that seek to trim other costs can typically save $340,000, according to the study.
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