If you could go back to the Peter Lynch days at Magellan, you shouldn't begrudge Fidelity their 3%. When there is a truly outstanding manager, he may be worth a load. But families like American Express, the fund families sponsored by the large brokers like Merrill, Prudential and the like, Van Kampen, and so on give mediocre performance with a load. You can do better. Paul Wick's Seligman fund has at times been an outstanding performer, but now there are others without a load that do as well. It is wrong to say you would NEVER pay a load, but before doing so you should have a hard look at what else is available. Best wishes, Chris
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra