id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3259	Park, Youngkyun	The effects of fund commonality in mutual fund families on fund operating expenses and return correlations: : Evidence from U.S. equity mutual funds	2016	21	.pdf	application/pdf	10606	451	56	Because long-term returns are significantly affected by fund expenses (e.g., Carhart, 1997; Gil-Bazo and Ruiz-Verdu, 2009; Haslem, Baker, and Smith, 2008), it is natural that fund investors focus on a fund’s expense ratio. Fund expenses paid out of fund assets consist of three broad components: management fees, other expenses including administrative fees, and 12b-1 fees (Collins, 2003; Khorana & Servaes, 2007; Latzko, 1999).	cache/fsr-3259.pdf	txt/fsr-3259.txt