The S&P for peanuts.Byline: The Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Analysis -- You might be paying too much for your Standard & Poor's 500 index fund. There are more than 200 funds that aim to mimic the returns of the benchmark market index. Because they do the same thing, you might expect them to charge about the same. But annual costs on each $1,000 invested can range from 90 cents to $23. That adds up over time. The funds on this list include exchange-traded funds Exchange-traded funds (or ETFs) are Open Ended investment companies that can be traded at any time throughout the course of the day. Typically, ETFs try to replicate a stock market index such as the S&P 500 (e.g. , which trade all day long like stocks, as well as mutual funds. They all require minimum initial investments of $10,000 or less and have negligible Please [ improve this article] by rewriting this article or section in an . differences in returns. These six funds are the cheapest ways to invest in the S&P 500, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Morningstar. "All things being equal, the cheapest index fund is the best index fund," says Dan Culloton, associate director of fund analysis for Morningstar. CAPTION(S): The Associated Press (GBM GBM 1 Glioblastoma multiforme, see there 2. Glomerular basement membrane 1LQHFH) Copyright (c) 2009 Seattle Times Company, All Rights Reserved. |
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