Mutual Funds: Greater Transparency Needed in Disclosures to Investors

United States. General Accounting Office.

United States. General Accounting Office.

关键词: Government accountability -- United States.;    justice and law enforcement;    financial markets and institutions;    human capital;    mutual funds;   

RP-ID  :  GAO-03-763
RP-ID  :  238502

美国|英语

来源: UNT Digital Library

【 摘 要 】

A letter report issued by the General Accounting Office with an abstract that begins "The fees and other costs thatinvestors pay as part of owning mutual fund shares can significantly affect their investment returns. As a result, questions have been raised as to whether the disclosures of mutual fund fees and other practices are sufficiently transparent. GAO reviewed (1) how mutual funds disclose their fees and related trading costs and options for improving these disclosures, (2) changes in how mutual funds pay for the sale of fund shares and how the changes in these practices are affecting investors, and (3) the benefits of and the concerns over mutual funds' use of soft dollars."