... Expenses of Mutual Funds, 2010. ” ICI Research Perspective 17, no. 2 (March). Trends in the Fees and Expenses of Mutual Funds, 2010 KEY FINDINGS »On average, fees and expenses incurred by investors ... mutual funds declined in 2010. Stock fund investors in 2010 paid an average of 95 basis points (0.95 percent) in fees and expenses, down 3 basis points from 2009. Fees and expenses of bond funds ... standards, promote public understanding, and otherwise advance the interests of funds, their shareholders, directors, and advisers.Notes1 Stock funds includes both equity mutual funds and...