<<Regarding the fees, I would assume they are talking the about the management fees. These are the fees that are taken off the top each day to pay for the expenses of running the fund. These expenses include buying/selling stock, research & analysis, maintaining customer accounts, etc.>>I'm not sure what these fees actually pay for, but I just got a call from the management company that was researching what their own fees mean. They say it is a daily expense.So one of the more expensive funds is .65-.75%. Is it possible that they are taking out $0.75 for every hundred dollars in there _EVERY DAY_?! So the fund needs to gain at least .75% a day to stay even. I'm not quite sure how to translate this into anual gain necessary to pay for the expense of the account. Could someone let tell me how to work that out?They have a rep. on site at my company, who I would like to talk to, but I would first like to get a better understanding of how to avaluate the true performance of the 401K. Any recmended reading? I am starting to suspect that the publications with graphs of the past performance of each fund is not including the impact of fees. Is this possible?Thanks.Shocked and amazed...Rufford
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