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Should I have any concern about a "share class change" of my retirement account?

Posted on 2/8/12 at 7:56 am
Posted by The Hamburglar
McDonaldland
Member since Jan 2005
3300 posts
Posted on 2/8/12 at 7:56 am
quote:

The XXXX Index share class currently offered within your plan will change to a new share class within the month of February to a share class which has a lower expense ratio than the share class currently offered in your plan. The fund’s investment objective, strategies and risk remain the same.


Is there anything that I need to know about this besides my expense ratio is changing? TIA
Posted by Broke
AKA Buttercup
Member since Sep 2006
65142 posts
Posted on 2/8/12 at 9:00 am to
This is a good thing. Don't worry about it.
Posted by Hung like Mule
Member since Aug 2011
293 posts
Posted on 2/8/12 at 9:35 am to
quote:

lower expense ratio
positive, not negative
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