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Dec 31, 2008 8:19 pm

Squash1

Joined: 2008-11-20Offline

Just got an email explaining that the management fees American Funds has been discounting the last 4 years are no being discontinued, so there will be a 10% increase in management fees… The letter explains that it is due to the downturn in value of the investment funds… Interesting?

Jan 2, 2009 3:50 pm

jkl1v1n6

Joined: 2008-10-06Offline

Just saw this myself.  Things that make you go hmmmm.

Jan 2, 2009 3:56 pm

Spaceman Spiff

Joined: 2006-08-08Offline

There are a lot of fund families that have been discounting their fees over the last 4-5 years who will probably stop.  You might want to check into your other fund families also.