MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, March 30, 2007 Little Bits Smaller is not better, at least when it comes to mutual funds, still there are still a few funds that let in those who aren't willng to pay. In todays USA Today, John Waggoner says that the funds still willing to take a paltry sum for entrance are, the American Funds Growth Fund of America, will let you start with $250, Davis New York Venture will get you going with an initial $1,000 and, Van Kampen Comstock will take any amount to start. Most of the funds that do not require large initial deposits are broker sold carrying a load of 5.75% of the initial investment. A percentage that large taken from a small sum does not a rich man make. Printed from: MFWire.com/story.asp?s=13879 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |