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A big reason for last year's drop in expense ratios was how well the stock market performed. The Standard &amp; Poor's 500 index returned 32.4%, including dividends, for its best year since 1997. The surging prices meant mutual funds suddenly had more assets. That gave funds a larger base over which to spread their expenses, many of which are fixed. Funds typically have policies that dictate they'll charge a lower fee rate once their total assets top a certain threshold. payday loans bridgeport oh ** Not all personal loan source(s) can provide up to $1,000. This site will match you with personal loan source(s) based on your requirements. 90DayLoans.com is not an agent or representative of any service provider and does not endorse any service or product. Cash transfer times may vary among personal loan source(s). In some circumstances faxing may be required by certain loan providers as part of their loan process. Completion of this form in no way guarantees that you will be approved for a loan. The service offered by this Website may change from time to time and without notice. Stock mutual funds had an average expense ratio of 0.74% last year, according to the Investment Company Institute. That means for every $10,000 in assets, a stock fund took $74 to cover expenses. That's down from $77 in 2012 and $100 a decade earlier. The expense ratio covers everything from analysts' salaries to the cost of mailing shareholder reports.

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