Skip to main content
No. of Recommendations: 0

I have an IRA with Primerica. It is a mutual fund I have with them. The ticker is GEGBX.

You purchased Class B shares. The fund prospectus will tell you how much you will have to pay to exit the fund, depending on how long ago you made the purchase.

According to, this could be up to 4.5% for this fund.

Morningstar gives this fund one star out of five, and rates the fund as "Low" for Return, and "Above Avg" for Risk.

I would say the salesman who talked you into this investment owes you a ride on his yacht!

As you know, the question you have to answer is whether this investment looks good enough to stay with it, even given the very poor past performance of the fund, or whether you should just cut your losses and move on, even though you may be giving up even more money because of the deferred sales charge. It sounds like you have made your decision, and I think you're on the right track.

Good luck with your investments,
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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.