Where can i get statistics on the expenses of mutual funds on advertisements?
Well, that’s sort of a tricky one, because most advertising you’ll see is for fund FAMILIES, rather than individual funds themselves. Every fund releases an Annual Report – you can easily find this on your fund family’s website. In this report, locate the Income Statement (also called Statement of Operations) – it it you’ll find a rundown of the prior year’s income and expenses. 12b-1 fees are marketing fees that are legally required to be broken out. These are usually just for “load” funds (funds sold by brokers and investment advisors), and include all “marketing” costs. Usually, this encompasses ongoing broker commissions and marketing materials (brochures, chachkis like keychains, paperweights, pens, etc.), but not so much advertising per se. Because most advertising is, as I said, for fund families rather than funds themselves, the advertising probably comes out of the “miscellaneous” line, which unfortunately encompasses everything else. If your fund company is publicly traded (l
