Which Mutual Fund Company is better?

Question

I am chosing in between Franklin Templeton & Fidelity?
Which one would you recommended? Thank you!

Answer 1

morningstar rates fidelity as quite a bit better in domestic stock, and bonds, and its one point behind in domestic stock,

fidelity is a good no load fund company, low expenses, i would stick with them

Answer 2

Closed funds are the best. There are no monetary incentives (commissions) to increase the size of the fund. If you are investing in an open fund chances are it will grow too big for the money manager's own good. Even if the money manager has discovered a few great stocks he will force the price of the stocks higher by buying so much, thus eroding the margin of safety he may have discovered in the stock.

Read "The Intelligent Investor" by Ben Graham. There is an entire chapter discussing this.


P.S. I own FT, a closed fund from Franklin Templeton

Answer 3

I have been with Fidelity for over 20 (twenty) years. They are top notch, VERY HONEST, VERY TRUSTWORTHY, and you can't beat the service. Depending on how much you have invested wil depend upon the level of service, but they generally have service 7X24X365 of QUALIFIED people to handle just about any question.

Since I am retired, most of my investments are in fixed income and I usually speak with a specialist in this area who has 10 years of experience.

They have checking accounts so that you can direct deposit your salary, pension, Social Security, etc.

Depending on where you are located, they have walk-in branches.

I had dealt with Vanguard for a while which I regard as a distant second choice.

Answer 4

I have accounts with both...I use the Fidelity site almost every day..and am more than happy with it.They are always there, you can call or E-mail with any question.
Have a SEP ( business) IRA with Franklin....only because that's who my tax accountant deals with...can't tell you much about their funds or service or site.
You can't miss with Fidelity, that's my vote.