Mutual Fund Class A Shares Perhaps you’ve seen that mutual funds have different share classes? Whether or not you’ve noticed this, it’s something you need to be aware of as an investor. Aside from knowing that mutual funds offer different share classes, investors also need to know what these different share classes entail. Different share… [Read More] What are Mutual Fund Class A Shares?
https://media.blubrry.com/invest/p/content.blubrry.com/invest/Why_Load_Mutual_Funds_Make_No_Sense_December_2014_Podcast.mp3Subscribe: Android | RSSOn this week’s Mullooly Asset Management podcast, Tom and Brendan discuss why load mutual funds don’t make sense. To explain what’s wrong with load mutual funds, we must first make sure that everybody understands the difference between load and no-load funds. For starters, a load is the equivalent of a sales charge or… [Read More] Why Load Mutual Funds Don’t Make Sense
In the last week or so, I’ve read several articles about the downfall of A share mutual funds. If you don’t know what an A share mutual fund is, Tom and I have discussed A, B, and C share mutual funds in a previous podcast that you can check out here: https://mullooly.net/understanding-c-shares-what-you-need-to-know/7368 To briefly summarize… [Read More] Mutual Fund A Shares: On Their Way Out?
By now you’ve likely heard about Bill Gross leaving PIMCO for Janus. It was absolutely huge news last Friday, and people all over the investment industry have been discussing it for almost a week now. In situations like these, everybody likes to chime in. Most of the stories have been reiterating the same group of… [Read More] Is the “Superstar Fund Manager” Finished?
We recently discussed different ways that investors can own mutual fund shares. Most mutual funds have A shares, B share, and C shares. We noted that B shares and C shares usually include 12b-1 fees. Many investors don’t know what these fees are or do but are confused by them. Tom takes a moment… [Read More] What Are 12b-1 Fees?
https://media.blubrry.com/invest/p/content.blubrry.com/invest/Mutual_Fund_C_Shares_Low_Level_Load_May_2014_Podcast.mp3Subscribe: Android | RSSSomething that comes up when we speak with new clients is their reason for coming to meet with us. More often than not that reason is because they hardly ever (or never!) hear from their current advisor or broker. Why do these advisors and brokers work so hard to get new clients… [Read More] Understanding C Shares: What You Need to Know