Construct · 1 fields · 1 citations

broker-sold mutual funds: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Finance

funds sold through brokers carrying higher fees and lower returns than directly sold funds, without clear offsetting benefits.

In finance, broker-sold mutual funds refers to funds sold through brokers carrying higher fees and lower returns than directly sold funds, without clear offsetting benefits. This meaning comes from Bergstresser (2009) in Review of Financial Studies.[1]

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References

Bergstresser, D., Chalmers, J. M. R., & Tufano, P. (2009). Assessing the Costs and Benefits of Brokers in the Mutual Fund Industry. Review of Financial Studies, 22(10), 4129-4156. https://doi.org/10.1093/rfs/hhp022

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