Investor expenses have dropped for a second straight year, the Los Angeles Times reports.

Investors paid about 6% less for stock funds in 2005 than in 2004, with expenses averaging 0.93%, compared to 0.99%, according to data from Chicago fund tracker Morningstar. Expenses for funds comprised of non-U.S. assets likewise fell 6% to 1.10%, compared to 1.1.7% in 2004.

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