Such as, loads, redemption fees and operating expenses.
2007-09-04 09:34:55 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
Gee, I haven't paid a load (fee) in ages, don't know. Some brokerages will handle no-load funds at no cost (as long as they can still count the value under their "assets under management" figures). I have bought (and sold) some ETFs, though, but at $7 a trade at Scottrade, it didn't hurt much. I think Tradeking advertises for less, but I'm happy.
2007-09-04 09:44:49 · answer #1 · answered by Rabbit 7 · 1⤊ 0⤋
Hi Blackberry,
I primarily focus on no load mutual funds, so I can provide some insight on the fees of these mutual funds. Many mutual fund companies offer mutual funds with low fees, such as Vanguard, T. Rowe Price, Fidelity and Dodge & Cox. However, Vanguard is known as the low cost provider for the mutual fund industry in the United States.
I hope this helps.
Michael A. Weiss, CFA
The Editor
The Mutual Fund Investor
http://www.mutualfundinvestor.net
2007-09-05 22:59:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Almost all outfits offer many funds with no fees at purchase... Fidelity has hundreds and hundreds ( their funds and other companies' funds).
As far as a " load" ...you NEVER buy a fund that takes money from you at the front end..WHY?..There has got to be another fund with someone else that is almost identical...Why start " in the hole"?
Redemption fees usually apply only if you sell your shares before a certain time frame...some periods are six months... but I think most are closer to 90 days...some only 30 ! Sometimes it's worth a $50-$75. fee to get out if you're losing a couple hundred a day...but rarely.
If you think you're going to be in and out...look into ETF's instead...a little research will find one comparable to most funds...( well at least close).
Companies i use are Fidelity and E-trade.( Happy with both)
2007-09-04 10:32:50 · answer #3 · answered by jebediabartlett 6 · 0⤊ 0⤋
call the plan sponsor (i.e. constancy, forefront, T.Rowe value) and ask for an application. Fill it out and mail them a verify. i could advise the leading edge SP500 index fund for a beginner. this is overall performance will practically tournament the industry, and it has between the backside costs of each and every of the mutual money.
2016-12-16 11:19:44 · answer #4 · answered by cosner 4 · 0⤊ 0⤋
Go to Yahoo-Finance, under investing>mutual funds they have a fund screener. It will allow you to search by loads and fees.
2007-09-04 09:57:09 · answer #5 · answered by Mystery 6 · 0⤊ 0⤋
look for no load mutual funds, they cost nothing to get into.
2007-09-04 10:32:10 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Zecco.
2007-09-04 09:39:36 · answer #7 · answered by Anonymous · 0⤊ 2⤋
vanguard is the cheapest
2007-09-04 14:50:06 · answer #8 · answered by Anonymous · 0⤊ 0⤋