Archive for August, 2008

Know Your ABC's: The Impact of Fees on Investment Performance

August 18, 2008  |   Insight   |     |   0 Comment

By G. Gregory Smith, Jr.

As a follow up to our study on how taxes can impair investment returns, we thought it only logical to address how fees are another “hidden pitfall” for investors. The following discussion is intended to be a primer on how investment managers are compensated. The multitude of investment vehicles on the market today prohibit a comprehensive explanation, but ...