PT - JOURNAL ARTICLE AU - John A. Haslem TI - Mutual Fund “Soft-Dollar” Arrangements: <em>Analysis</em> <br/> <em>and Findings</em> AID - 10.3905/jwm.2016.19.2.101 DP - 2016 Jul 31 TA - The Journal of Wealth Management PG - 101--107 VI - 19 IP - 2 4099 - https://pm-research.com/content/19/2/101.short 4100 - https://pm-research.com/content/19/2/101.full AB - 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