Mutual Funds: Information on Trends in Fees and Their Related Disclosure Metadata
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Title
- Main Title Mutual Funds: Information on Trends in Fees and Their Related Disclosure
Creator
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Author: United States. General Accounting Office.Creator Type: Organization
Publisher
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Name: United States. General Accounting Office.Place of Publication: Washington D.C.
Date
- Creation: 2003-03-12
Language
- English
Description
- Content Description: A statement of record issued by the General Accounting Office with an abstract that begins "Millions of U.S. households have invested in mutual funds whose value exceeds $6 trillion. The fees and other costs that these investors pay as part of owning mutual funds can significantly affect their investment returns. Recent press reports suggest that mutual fund fees have increased during the market downturn in the last few years. In addition, questions have been raised as to whether the disclosures of these fees and other costs, such as brokerage commissions, are sufficiently transparent. GAO updated its analysis from its June 2000 report, which showed the trends in mutual fund fees from 1990 and 1998 for large funds by collecting data on how these 76 funds' fees changed between 1998 to 2001. GAO also reviewed the Securities and Exchange Commission's recent rule proposal on fee disclosure as well as studies by industry."
Subject
- Library of Congress Subject Headings: Government accountability -- United States.
- Keyword: financial markets and institutions
- Keyword: employment
- Keyword: human capital
- Keyword: auditing and financial management
- Keyword: mutual funds
- Keyword: statement of record
Coverage
- Place Name: United States
Collection
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Name: Government Accountability Office ReportsCode: GAORT
Institution
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Name: UNT Libraries Government Documents DepartmentCode: UNTGD
Rights
- Rights License: pd
Resource Type
- Text
Format
- Text
Identifier
- Report No.: GAO-03-551T
- Accession or Local Control No: 81956
- URL: http://gao.gov/products/GAO-03-551T
- Archival Resource Key: ark:/67531/metadc300229