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Subject:  Re: is a "fund of funds" a good idea? Date:  4/7/2002  6:56 PM
Author:  CentexHorn Number:  34114 of 100168

I looked closer at Fidelity...the expense ratio shows to be .1%, but then it says something like "combined expenses" is .83%. I guess that's where the underlying funds get their cut, right?
Are you saying Vanguard does not have this extra layer of fees? That the .25% or whatever they show is the REAL cost?
Thanks, and Hook 'em!
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