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The ‘Below Average’ Fund Fee Could Eat Your Retirement

Overall fees paid by investors are down. But the math can be tricky.

Percentage trap
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Average fees paid for U.S. mutual funds and exchange-traded funds fell to a new low of less than 0.6 percent in 2016, Morningstar reported on Tuesday.

That's good news for investors. But as fund companies drive down those expense ratios in a fight for your savings, beware the marketing that goes with the price war.