Investment funds

The biggest losses this year came from sectors that suffered the most in lockdown.

Steady inflows showcase the buy-and-hold ethos of the typical Vanguard investor — financial advisors and wealth managers, an expert says.

The allegations involving 12b-1 fees, cash sweeps and commissions also include violations of best execution rules.

The fund has absorbed $15.6 billion so far in 2020.

With an average gain of more than 108%, the lineup includes actively managed leaders with fees well above 100 basis points.

Despite a rocky year, these 20 funds recorded an average return of 13.6%.

Net flows have slowed in 2020 at the fund giant as rivals continue to roll out similar products amid the rise of robo advisors and almost-free trading.

The top 20 outpaced the broader industry and had an average net expense ratio far below the 0.45% investors paid last year.

Global equities notched their largest monthly gain since at least 1988, while multiple major benchmarks are at or near all-time highs.

The 20 mutual funds and ETFs on this list have an average fee of roughly 111 basis points.