We studied the relationship between the mutual fund's expenses and their profitability, as well as their ability to … 2003 to 2014. We concluded that expenses are an important determinant of performance in the eurozone and we show evidence … that there is, in the short-term, a negative relationship between the profitability of the year and the level of expenses …

growing capital markets in Greece and elsewhere. Results demonstrate strong economies of scale for expenses, a negative … relationship between performance and expense ratio, funds flow reduction (increase) with increases in expenses (fund age and fund …

growing capital markets in Greece and elsewhere. Results demonstrate strong economies of scale for expenses, a negative … relationship between performance and expense ratio, funds flow reduction (increase) with increases in expenses (fund age and fund …