Morningstar finds investors saved nearly $6.9 billion from falling fees in 2021

The annual u.s. fund fee study reports record-low fund fees in 2021, and the study's pre-built dataset is now available for users in flagship investment research platform morningstar directsm chicago , july 12, 2022 /prnewswire/ -- morningstar, inc. (nasdaq: morn), a leading provider of independent investment research, today published its annual fund fee study, which evaluates trends in the cost of u.s. open-end mutual funds and exchange-traded funds (etfs)1. the study found that the asset-weighted average expense ratio of u.s. funds fell to 0.40% in 2021 from 0.42% in 2020, saving investors an estimated $6.9 billion as a result.
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