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american funds american mutual a
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John Wheeler, senior manager of equity trading at American Century mutual funds, figures the current system imposes a 0.5% trading cost (one-way) on big orders, between commissions, spreads and the impact such orders themselves have on prices.
FORBES: After Dick Grasso
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Mutual Funds are notoriously bad from a tax perspective, and more than half of all American households own a mutual fund.
FORBES: The Seven Deadly Investor Sins
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Kenneth Kehrer, a consultant, estimates that the average American bank has managed to sell mutual funds to fewer than 8% of its customers even in the midst of a raging bull market.
ECONOMIST: The trials of megabanks
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