Corporations Quote by Michael LeBoeuf
“A Financial Research Corporation study determined that the expense ratio is the only reliable predictor of future mutual fund performance.”
About This Quote
Source Report: Financial Research Corporation Study, 1990s
Expense ratios consistently forecast mutual fund returns better than other metrics.
In simple terms: Low fees predict better performance.
Prioritize low‑cost funds.
Themes
Mood
Type
When to use this quote
- portfolio selection
- retirement planning
- advisor recommendations
Key Concepts
Questions to Reflect On
- How do you balance fee considerations with fund strategy?
- Should you ever ignore expense ratios?
Expense ratios are not the sole predictor; market conditions also matter.