I have a question in reference to the Min Subsequent Investment question on a mutual fund. If I purchase a Mutual Fund that has a front load of say 5%. Would I have to pay the 5% load on any additional subsequent investment to the same fund?
2007-03-01 11:15:25 · 4 answers · asked by J 3 in Business & Finance ➔ Investing
Yes you do. Exception: some funds will lower or waive the front load if you invest enough money, maybe somewhere around $100,000.
2007-03-01 11:23:31 · answer #1 · answered by gosh137 6 · 0⤊ 0⤋
DO NOT buy any mutual fund with a front load! There is NO excuse for that!
2/3 of actively managed mutual funds will not beat the index they are seeking to beat. Do some research on "Passive Index Investing". You are giving your money away if you buy funds with front end loads.
2007-03-01 19:24:06 · answer #2 · answered by Dennis H 4 · 0⤊ 0⤋
J Is this you? … :)!
http://208.109.69.157/funstuff/extra/extra04.asp?strName=J
2007-03-01 19:27:18 · answer #3 · answered by fgh h 1 · 0⤊ 0⤋
pretty much.
2007-03-01 19:24:34 · answer #4 · answered by Modus Operandi 6 · 0⤊ 0⤋