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How long does it take to get receive the money? Mutual funds charged less to cover operational expenses last year, as a percentage of their total assets. It was the fourth straight year that the average expense ratio fell for stock mutual funds, according to separate reports from the Investment Company Institute and Morningstar. And it's not just stocks that have become cheaper for investors to own. Expense ratios have also dropped for bond and money-market mutual funds in recent years. No Fax Loan Application in Less than 3 Minutes
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