Phil Coggan of The Economist tells of a survey by Lipper (I can’t find it online) on mutual fund fees:
The average total expense ratios of US mutual funds are 1.32%, for German funds 1.57% and for UK funds 1.66%. Weight the ratios by asset size (to reflect where the bulk of investor money is held) and the difference is even more stark; 91 basis points (or 0.91%) in the US, 144 bp in Germany and 163bp in the UK.
