Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The PYSAX fund has a frontload of 5.75%, with a 1% redemption fee if held less than 30 days. Reminds one of the good old days when Merrill and others offered the benefit of their expertise for their funds with heavy front loads. Thankfully, Vanguard and Fidelity blew most of those ships out of the water.
Wondering; does "the street" receive/generate income from recommending such a fund purchase? Tis not the only "A" shares fund they mention.
As always, buyer beware and check the numbers, eh?
The street and Zacks fund recommendations are the worst. I too highly suspect they get paid for such recommendations as most everyone would not come up with such lists.
Comments
The PYSAX fund has a frontload of 5.75%, with a 1% redemption fee if held less than 30 days. Reminds one of the good old days when Merrill and others offered the benefit of their expertise for their funds with heavy front loads. Thankfully, Vanguard and Fidelity blew most of those ships out of the water.
Wondering; does "the street" receive/generate income from recommending such a fund purchase? Tis not the only "A" shares fund they mention.
As always, buyer beware and check the numbers, eh?