This is a good writing. Too much has been made of the fees in the last few years. The difference is quite small in most cases. A well managed fund over time can generate good returns despise the fees. Invesco has a Global fund called Trimark fund that has been open for 35 years. Average rate of return over that period is 11.66% after fees. Anyone who invested $10,000.00 in this fund 35 years ago would have $492,589 today. That is just one of many good  funds. Good managers makes the difference not the fees.