Fee structure and mutual fund choice : an experiment

We present a laboratory experiment designed to investigate the effect of the fee structure on mutual fund choice. We find that subjects tend to ignore periodic and small operating expenses fees and base their decisions on gross, instead of net, returns. A fee in the form of a, much larger, front-end...

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Main Authors: Anufrie, Mikhail, Bao, Te, Sutan, Angela, Tuinstra, Jan
其他作者: School of Social Sciences
格式: Article
語言:English
出版: 2021
主題:
在線閱讀:https://hdl.handle.net/10356/151515
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機構: Nanyang Technological University
語言: English