%0 Journal Article
%A John A. Haslem
%T Mutual Fund “Soft-Dollar” Arrangements: Analysis
and Findings
%D 2016
%R 10.3905/jwm.2016.19.2.101
%J The Journal of Wealth Management
%P 101-107
%V 19
%N 2
%X Mutual fund bundling services under soft-dollar arrangements may benefit shareholders—but it is also possible that they waste shareholder capital. We examine two major questions concerning bundling actively managed equity fund research and services in soft-dollar arrangements. First, do soft-dollar arrangements provide higher risk-adjusted fund performance and/or lower advisory fees? And second, are shareholder assets wasted through use of soft-dollar arrangements? The research findings answer “yes” only to the second question.TOPICS: Mutual funds/passive investing/indexing, information providers/credit ratings
%U https://jwm.pm-research.com/content/iijwealthmgmt/19/2/101.full.pdf