2/20 seems to be the standard because that's what's charged by some prominent funds, so that's what gets quoted in articles, but I don't think it was ever the f

2/20 seems to be the standard because that's what's charged by some prominent funds, so that's what gets quoted in articles, but I don't think it was ever the fee at even 50% of funds, and it's been declining back towards 1/10.