No. of Recommendations: 0
There was a time with every investment firm or brokerage out there had their own private label mutual funds. Many copied the objectives of the most popular funds of the day, and seemed to be equivalent. But often their management and performance were mediocre. That made them highly profitable for the firms to promote, but to the disadvantage of investors.

In recent times, many have sold off their private label mutual funds. I thought those days were over. But caveat emptor seems to apply. Some are apparently still out there.
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.