The Motley Fool Discussion Boards

Previous Page

Learning to Invest / Intermediate/Advanced Investment


Subject:  Re: Online Brokers trading Mutual Funds Date:  10/13/2009  2:19 PM
Author:  mjs111 Number:  41 of 91

The restrictions on the holding terms are usually a property of the fund itself and not something the broker tacks on afterwards.

Every broker usually has a list of no-transaction-fee (NTF) funds, which are funds that you pay no commission on when buying and selling shares. The broker can afford to do this since the fund company reimburses the broker for the lost commission.

So what I would do is find some funds you are interested in and then call around to various brokers and see which are and which are not on the NTF list.

Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us