YEAH!!! Fees and expenses eat away large portions of your "nest egg" over the long haul, so every cut is a good thing!
USATODAY.com - More funds lower fees after scandal in 2003: "Fund-tracker Lipper says 2,830 funds reduced their management fees in 2004, compared with 622 that did so in 2003.
Those fee reductions were not one-time cuts but contractual agreements with the funds' investment advisers, which manage the funds' assets.
The median stock fund charged investors 1.45% of assets for expenses in 2004, Lipper says, down from 1.50% in 2003"