Fund performance

Even worse, those at the bottom of the pack averaged higher expense ratios.

The fund company has added more than $50 billion this year, mostly from inflows.

Health category funds dominated the list, making up for well over half of the group’s assets.

The firm has parted ways with its CEO Alex Friedman and launched a restructuring plan.

Investors have grown cautious following October’s rout in global markets.

Data reported by the Investment Company Institute.

Industry headwinds from costs and fees remain as relentless as ever.

Recently, higher interest rates and stock market volatility have undermined gains.

The good times in munis aren’t likely to last as the Fed’s push to boost interest rates will hamper future results, an expert says.

High-fee managed futures, energy limited partnerships and multi-alternatives products topped this list.