Assertion: share's fee | /r/CapableOf | reduce return
Facets:
value: for investors
type: TRANSITIVE-OBJECT
value: by around 2.66 percentage points
type: OTHER
Source sentences:
text: Jack Bogle of Vanguard Group wrote an article in the Financial Analysts Journal where he estimated that higher fees as well as hidden costs (such as more trading fees and lower return from holding cash) reduce returns for investors by around 2.66 percentage points a year "a huge differential considering that long-term real returns from American equities have been 6.45%.