Monday, March 11, 2013

Expenses and Fees

If your are considering the purchase of mutual fund, be sure you thoroughly understand its sales charges, fee and expense structure. Ask your representative or the mutual fund company for an explanation of:
  • Sales Charge
  • Other fund fees / expenses
  • Transfer Fees
  • Redemption Fees
  • Visit your local library for magazines of books on mutual funds, securities and personal finance.
  • Many mutual fund companies offer toll-free consumer inquiry lines. If you are considering purchasing a fund from particular company, ask for product literature or visit its website.
Todays tips from: International Marketing Group

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