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|Subject: Select business 401K management||Date: 9/9/1999 5:33 PM|
|Author: hbdon||Number: 13823 of 77109|
Does anybody know where I can get info?
Work for small company... the company has manulife managing the 401K employee investments.
Manulife buys existing mutuals funds like TRowePrice, Fidelity, etc..
Then manulife re-names the fund w/their name and tracks a NAV which is based on their fees etc..
They provide quarterly ROI's on individuals account selection w/contributions.
The manulife sales rep will be stopping by for questions... Several of us at the office expect the question/answer will be extremely basic, geared for the non-investor.
What are some good questions to ask?
I have noticed they actually remove shares periodically from my account. This is much different from other mutuals I've owned.
Also, I am in a position to change our 401K management Co. Does anyone recommend a better management team?
I am a full Fool believer and do not advocate mutual fund purchases, but this is for my work retirement plan. Besides, we all like the company match.
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