Total Fees and Turnover

We’ve reviewed how mutual fund expenses can eat away at your portfolio. In fact, total fund expense is the most important variable to consider when comparing funds because it’s the one that actually makes a difference.

The Portfolio MRI will uncover what you are paying in “total fees” – not just the fees you know about. If you don’t know what your fees are, there is no logical way to find less expensive ones. So we simply drill down into your portfolio to reveal all of the fees that affect your returns.

Since turnover within a portfolio can significantly affect returns due to transaction costs, we will also learn what percentage of your portfolio is turning over in a year. We can then assess that turnover in comparison with an index, like the S&P 500, as well as one or more institutional mutual funds. Once we know your actual costs, we can advise you how to lower those costs to keep more of your money working for you.

The easiest way to increase your return is to reduce your fees.