The Investment Company Institute has added a consumer guide to mutual fund breakpoints on its Web site. Julie Domenick, EVP, said that the information goes hand-in-hand with a concerted effort by the fund industry to assure that consumers receive proper pricing for mutual fund purchases.
The guide offers three tips for investors who have concerns about mutual fund pricing. First, review the funds breakpoint schedule. Second, take a comprehensive look at all mutual fund investments within a family. Third, inform your financial intermediary about all your familys holdings.