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Question: Anyone know anything about Prudential's "Low 5" Unit Trust?

Situation: Left old job, will transfer old 401K into self-directed IRA with on-line broker. New job (small company) has SARSEP as a retirement savings option. All SARSEP stuff is with Prudential Securities. The upside: it's self-directed. The downside: it's a minimum of $55 per issue. OUCH!!!!!!!! As a monthly/semi-monthly investment, that seems like an awful lot of money. Prudential dude suggested their "Low 5" Unit Trust, which he claimed is similar to the Beating the Dow strategy.

The fee structure looks like this: 2.06% up front, then at month 13 it changes to 1.31%.

Info? Suggestions? Assistance? I have a little time before I have to make a decision.


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