The Real Cost of Owning a Mutual Fund

May 13, 2015

Bob Ritter, the owner and founder of Insmark, Inc., wrote a recent blog entry in which he discusses a article about the most recent studies on the true cost of owning a mutual fund.  According to the article, the total all-in yearly expense for the average mutual fund is over 4%.  When you include the tax costs in a taxable mutual fund, total annual expenses can be well over 5%!  Contrast this to the average, all-in yearly expenses of a properly structured IUL contract of around 1.5%.  This Forbes article can be an important tool in making the case to your clients that a properly structured IUL is a comparatively low-expense wealth accumulation tool.  See my article here that explains how to discuss IUL expenses with your client.

By the way, if you have not yet signed up for our May 29th boot camp in Milwaukee, WI, time is growing short!  Click here to register.

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