Khorana, Ajay; Servaes, Henri; Tufano, Peter - In: Review of Financial Studies 22 (2009) 3, pp. 1279-1310
Using a new database, we study fees charged by 46,580 mutual fund classes offered for sale in 18 countries, which account for about 86% of the world fund industry in 2002. We examine management fees, total expense ratios, and total shareholder costs (including load charges). Fees vary...