Mutual Funds
« Previous EntriesSEC Looks at Dumping 12b-1 Fees, But…
Thursday, July 22nd, 2010I just read a short article from Financial Advisor magazine about how the SEC voted unanomously to dump the 12b-1 fee. But, further into the article I read this (bold print mine): the SEC proposes new rules to limit fund sales charges, improve transparency of fees for investors, encourage retail price competition, and revise fund [...]
Comparing Mutual Fund A-Shares to C-Shares
Thursday, April 29th, 2010Since I have been on the topic of mutual funds, I thought it would be interesting to look at the difference between an A-Share mutual fund and a c-share mutual fund. Since I already have the data from my other posts, I’ll use American Funds Investment Company of America to make my comparison. For those [...]
American Funds’ Investment Company of America vs. S&P 500 Index (Part 2)
Wednesday, April 28th, 2010My post from yesterday raised some eyebrows and ruffled some feathers. I suppose I used a bit too much glamour when I used the word “smoked” in the title. I tend to do that sometimes when I want to draw attention to a post. Some questions were raised about my methods: Why did I choose [...]
American Funds’ Investment Company of America Smoked Vanguard’s S&P 500 Index Fund
Tuesday, April 27th, 2010I learned about American Funds during my PaineWebber days. A few of the brokers (though not enough in my opinion) used American Funds for their clients’ portfolios. One of the funds I liked from American Funds was the Investment Company of America. Yes, it had a front-load. But, the annual management expenses were quite low [...]
Interesting Morninstar Article on Mutual Fund Trading Costs
Monday, April 5th, 2010From Morningstar: “…the average equity fund pays approximately 0.30% of assets a year [in trading costs]. That’s roughly 30% of the average no-load large-cap fund’s expense ratio. Thus, brokerage commissions can take what looks to be 0.90% paid in expenses each year up to 1.20%.” This topic has been receiving more attention over the last [...]
Mutual Fund Fees Jump
Thursday, August 20th, 2009My friend Allan Roth sent me a link to an article he wrote for Money Watch: Mutual Fund Fees Jump 5 Percent It’s an interesting article. Check it out.
Reader Comment on My Asset Management Post
Monday, April 20th, 2009AFM reader, Chris, left this comment on my post from last week: What is the profit margin on a bag of cheetos, 50%?? The margin on the gel for my hair is over 100%. Why do we quibble over 1%? Do we expect money managers to work for free? I know it sounds like a [...]
« Previous Entries