UnThreaded | Threaded | Whole Thread (48) | Ignore Thread Prev | Next
Author: Hawkwin Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79066  
Subject: Re: Best way to invest in a ROTH IRA Date: 9/20/2005 6:18 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
<<Now for the good side question, are the managers the same over those 20 years and will they be the same for the next 20 years that she would be holding the fund? This could be a rather important question when looking at funds: Is the current manager responsible for it and how long will that manager be there? I do realize that American funds use a team management system so that this isn't an easy question but I do think it is worth asking.

JB >>

In American Funds case, the average tenior (not likely spelled correctly) is over 20 years. They have some of the lowest manager turnover in the industry. They use a multimanager approach that is very different compared to the rest of the industry. Each manager is responsible for about 8-10% of the total holdings so if/when one leaves, it does not affect the overall direction of the fund -- which is likely why their performance has been so consistent -- and why 50% of all money invested in growth funds in the last few years has been sent to the American Funds family.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (48) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.