Investor Research Content

May 23, ICI published its 2023 Investment Company Fact Book ahead of its Leadership Summit in Washington, DC. Since 1960, the Fact Book, a compendium of the research and analysis conducted by the Institute over the previous year, has served as an important resource for the investment...

Demand for lower-cost investment products, competition among the vast number of available funds, and economies of scale have driven down average expense ratios industrywide over the past quarter century. With average expense ratios declining again in 2022, investors will continue to...

Average expense ratios of equity and bond mutual funds continued to decline in 2022, the latest Investment Company Institute (ICI) research shows. The report, "Trends in the Expenses and Fees of Funds, 2022," found that the average expense ratio for equity mutual funds fell 3 basis...