MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 24, 2013 Fundsters, Beware: Investors Prefer to Get Their Info Elsewhere Fundsters may not be surprised to hear that investors, at least those who read the Wall Street Journal, prefer getting mutual fund information from someone other than the mutual fund company. On Tuesday evening the WSJ's Karen Damato posted, in the "Total Return" blog section of the paper's site, a no-frills poll on what resources individual investors consult before buying shares in a mutual fund or ETF. Investors only had three answers to choose from. As of 7:55am this morning, a day and a half later, the vast majority of respondents (73.5 percent, i.e. 36 votes) said that "other websites/publications/etc." are the "most useful in researching a mutual fund/ETF." In contrast, only 18.4 percent pointed to the fund's website and other non-prospectus materials, and only 8.2 percent voted for the fund's prospectus itself. Printed from: MFWire.com/story.asp?s=46533 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |