- Clancy Is Debating Purchasing A Mutual Fund But He Has Some Questions For His Financial Advisor Eileen The Following 1 (17.51 KiB) Viewed 42 times
- Clancy Is Debating Purchasing A Mutual Fund But He Has Some Questions For His Financial Advisor Eileen The Following 2 (32.63 KiB) Viewed 42 times
CLANCY: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between back end load fees and fund performance? EILEEN: Generally, funds that charge back end load fees, such as Intra outperform funds that do not charge these fees CLANCY: What about front-end load fees? For example, suppose BRRT has a front-end load tee of 8%, when do I pay this fee? EILEEN: If you purchase 100 shares of this fund at the NAV, you will pay a commission of 5 will pay s in front-end fees. but when you sell these shares you CLANCY: It sounds like these fees could start to add up. What's the most I can expect to pay in fees? EILEEN: If a fund charges a 3% front end load and a 4% 12-b1 fee, then it can charge a maximum of only charges without violating the cap. % in back-end load CLANCY: Thanks! This was really helpful. So it sounds like you'd recommend looking for funds whenever possible.