Such funds are attractive to advisors since you're able to accommodate a much larger asset base when you're investing in $ 10 billion stocks than in $ 200 million ones. (mutualfundobserver.com)
Therefore, if you still are going to invest in any investment fund and particularly actively managed funds, then you should want them to have a sufficiently large asset base to fund the necessary research and pay all other administrative costs. (bestnoloadmutualfund.com)
If the expenses of a particular «style» of active fund, such as emerging markets stocks, tend to be significantly higher, then you would want an even larger asset base over which to spread securities research and other portfolio management costs. (bestnoloadmutualfund.com)