To be used for any questions on mutual funds. For index based funds question the Index-fund tag should be used.

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Requirements to start a hedge fund? [on hold]

What are the requirements for starting and managing a hedge fund? Do you have to have a college degree? Do you have to have some industry certifications? Does your fund need to be registered with the ...
0
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2answers
63 views

SIP when markets are good

I'm planning to invest in a mutual fund. The tricky part is that it's NAV is quite high these days, almost close to its 52 week high. In this scenario, does it make sense to buy a this fund in bulk or ...
4
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1answer
29 views

How does ISA allowance cumulate over time?

I don't understand how the ISA allowance cumulate (if it does) over time. Suppose I use the entire allowance for 2014. So I will have in the ISA 15k £. What happens in 2015? Suppose no P&L was ...
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2answers
61 views

Find the compound return

If I have a specific amount of money. For example 1000€ at the beginning of the 2008 year. -65.55 2008 91.25 2009 17.74 2010 -42.87 2011 18.32 2012 -18.82 2013 56.57 2014 How much money ...
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1answer
25 views

What does the phrase “after waivers or absorptions” mean?

I'm looking at an investment fund disclosure document, and it's quoting expense ratios: as a % of the fund's value after waivers or absorptions what does the second phrase mean in general, and/or ...
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2answers
75 views

Social security number in the mutual fund account page

I have a social security number that I'm not sure if it is mine or not. I've been given this SSN from my parents long time ago and I need to verify it. This number however, matches the number showed ...
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1answer
29 views

Lump sum investment vs SIP when I have the lump sum

I am fresh out of college and placed with a good job. It's been two months now and I have with me (after making all deductions): Two months salary Signing bonus = Equivalent to another 1.5 months of ...
6
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1answer
420 views

I own a mutual fund that owns voting shares, who gets the vote?

I was looking at FSCSX and noticed that it owns some Google Class A shares. These shares get 1 vote each (Yeah I know Google voting shares cant really influence anything, lets ignore that). Who ...
2
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1answer
36 views

How can I tell if a mutual fund is open-ended

I have restrictions on what type of securities I may buy and sell. However, I'm free to trade open-ended mutual funds. I looked at the Investopida definition, and I see that anything that I can freely ...
5
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3answers
219 views

Do stocks give you more control over your finances than mutual funds?

I am new to investing. I noticed that I can setup rules to auto-sell stocks (I don't know the term for this rule). I cannot auto-sell a mutual fund based on some criteria. So take a simple example. ...
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5answers
112 views

Investing in 401k and a Roth IRA

I am a senior in college and I have $3,000 dollars from my summer internship that I want to invest. I was thinking of investing it in a Roth IRA in an index mutual fund. However I am questioning my ...
2
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3answers
81 views

Vanguard ETF vs mutual fund

I was looking at Vanguards (VOO) ETF which aims to mimic the S&P 500 and noticed you do not pay any commission fees and it has an expanse ratio of just .05%.Then I looked at the mutual fund ...
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0answers
27 views

UK resident seeking to invest in US mutual fund company

I have a B1 visa, owns a rental property and file US income tax return annually. Can I invest in mutual funds in the US? I was advised by a mutual fund company that I am not eligible because I am not ...
2
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1answer
97 views

Do financial advisers in Canada who work at the bank, make investing decisions not in your best interest?

I've been using the same financial adviser as my my family and am wondering if Canadian financial advisers who work at the bank specifically Scotiabank would purchase mutual funds that specifically ...
0
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1answer
28 views

Good Android app for mutual fund research?

I'm trying to compare several mutual fund options offered by my HSA account. I cannot seem to find a good mobile app that will allow me to enter the symbol and list historical performance as well as ...
4
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2answers
88 views

When should you use an actively managed mutual fund in a 401k?

Why should you use an actively managed fund for your 401k? I have read several questions and answers on this and other sites and it seems like it's generally better to go with funds that follow the ...
2
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1answer
57 views

Empirical performance data of ETFs and Mutual Funds tracking identical Indexes?

This is somewhat of a follow up to my other question on ETFs vs Mutual funds for the long term investor, but appropriately a different question. From the basic research I have done, it seems that ...
9
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3answers
255 views

Why would a long-term investor ever chose a Mutual Fund over an ETF?

(I read this previous question but would like to differentiate my question by having it focus exclusively on long term, buy and hold investing). From my understanding, it is conventional wisdom that ...
5
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3answers
84 views

Is there any Justification in Diversifying AMONG low-fee mutual index funds of the same index?

I see that there are multiple no-load, low-fee mutual index funds that attempt to track the S&P. Some of these funds do a better job of tracking the index than others. Would it be beneficial at ...
2
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1answer
91 views

Lump Sum Investing vs. Dollar Cost Averaging (as a Long Term Investor)

My company has an employee stock program in which employees put a percentage of their paycheck into the company for a period of time, after which they can purchase shares at the lower of the start and ...
4
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1answer
42 views

Can you point me to the correct US tax forms if I have a Canadian TFSA mutual fund?

I am a Canadian citizen and American permanent resident who invested in a TFSA mutual fund with a Canadian bank. Im looking to be pointed in the right direction for filing American taxes on these ...
3
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2answers
77 views

Any sane way to invest in both funds and stocks with UK ISA?

I wish to invest in both stocks and funds within an ISA. However the fund supermarkets all seem to charge an annual fee even on stocks. Yet there are stock trading isa accounts that have no fee. So I ...
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1answer
79 views

Why do you think there is a difference in these 2 funds' expense ratios?

For my 401k my employer offers 49 different investment options. The default option is the FID FREEDOM K 2055 (FDENX) which I have been in for the past year. I recently dug around checking out all the ...
3
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1answer
43 views

Superficial loss, converting mutual fund to ETF in Canada

My question is almost identical to this one, only I am interested in the Canadian version. If I own a mutual fund (for example, TDB900 from TD Bank) and wish to replace it with an equivalent ETF (for ...
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0answers
38 views

Funds that invest primarily based on governance criteria?

Are there any mutual funds or ETFs that invest primarily based on governance criteria? I've seen, and sometimes invested in, funds that invest based on ESG, a combination of environmental, social and ...
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1answer
119 views

Putting the gordon equation into practice

In his book "the investors manifesto", William Berstein explains how to use the Gordon equation to estimate expected real returns on stocks for stocks on the long run. The Gordon equation reads ...
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1answer
115 views

How to screen on Morningstar for GOLD rated mutual funds

How can I get a list of mutual funds for a given sector that are gold rated? I am referring to mutual funds that have the MorningStar gold rating symbol that indicates MorningStar advisers are ...
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1answer
122 views

Which of these unrealized profit calculations is correct? And, why other calculations are wrong?

Which of these unrealized profit calculations is correct? And, why other calculations are wrong? @ $10 per unit, $1000 - Subscription (100 units) $0500 - Cash dividend (50 units) $0500 - Reinvested ...
7
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2answers
231 views

Pros/cons of replicating a “fund of funds” with its component funds in my IRA?

I'm interested in investing in the Vanguard Target Retirement Income Fund in my IRA. That fund is made up of 5 funds: Total Bond Market II Index Fund Investor Shares (very similar to the Total Bond ...
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2answers
149 views

What is the difference between direct plans and Institutional Plan?

When I look at ultra short term funds, I generally see at least these two options for a given fund house. If the fund house name is "ABC", then I generally see these 2 options: ABC Ultra Short Term ...
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1answer
107 views

How to buy short term and ultra short term bonds

I wanted to know how an individual can buy a short/ulta short term fund? Do i directly approach the agent/broker and deal through them? Like for example , if i want to buy Franklin templeton's short ...
2
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2answers
58 views

ISA - intra year profits and switching process

I would like to open an ISA account to invest in funds and I see that the maximum allowance is increasing to 15,000 GBP in few months. My understanding is that all incomes generated in the ISA are ...
0
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1answer
101 views

When does a mutual fund's “expense ratio” deducted? [duplicate]

In a mutual fund's prospectus, there is usually an annual "expense ratio", representing annual expenses of that fund as a percentage of the net asset. When/how does this get deducted? I'm curious how ...
3
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1answer
163 views

Interpreting mutual fund performance: “Earnings” vs. gains/losses?

I have a 401K at Vanguard through my company, and I was browsing the 'performance' of my fund. I found where it breaks down my transactions, gains/loss, earnings, and overall change. I'm guessing ...
3
votes
1answer
841 views

Non-Resident Alien investing in a Vanguard mutual fund: is this allowed?

first a little bit of background about me. I'm a phd student on an F1 visa. I have been in the US for a little over 2.5 years and I expect to stay here for about the same length of time. Because I've ...
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2answers
101 views

Can an ETF's expense ratio (fees) change after I buy it?

In researching ETFs I've found a lot of dire warnings about expense ratios. Evidently, they can really eat up your money. Ok, so look for funds with low expense ratios. But, if I understand this ...
7
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4answers
892 views

Why is the price of my investment only updated once per day?

I have invested some money into a mutual fund (FTQGX). I've noticed that the price of it is only updated once a day, where as other investment options are updated continuously. Why is this? I'm ...
3
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1answer
44 views

How are mutual/index fund MERs fees charged?

Let's say I spend $1000 = 100 units at $10/unit on a no-commission, no-load index or mutual fund with an MER of 1%. Let's say any distributions are deposited as cash. In one year's time, the fund has ...
1
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1answer
94 views

Rupee Cost Averaging (SIP) vs. Value Cost Averaging (VIP) in mutual funds?

Which one is a better option while investing in mutual funds? I think that investment via VIP would work only if the investment is target oriented, and if calculated manually.
0
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0answers
41 views

Is there a way to find out what investment funds have a given stock?

Funds usually list their top stock holdings. Is there a way to do a reverse search so I could find out what mutual funds or ETFs have GOOG, for example, among their top holdings?
3
votes
2answers
683 views

Is there any benefit to pooling money with family members to buy a mutual fund?

I'm thinking of investing some money into a mutual fund and am curious whether it's worthwhile to just pool my money with my dad and do so? He already has a mutual fund set up, and I'm curious whether ...
8
votes
3answers
164 views

ETF vs Mutual Fund: How to decide which to use for investing in a popular index?

How do you decide between investing in an ETF, vs. in a mutual fund, for the popular stock indexes? Trading costs, tax efficiency, capital gains?
2
votes
1answer
56 views

How does Google Finance calculate the Institution Owned metric for a stock

How does Google Finance calculate the Inst. Owned metric on the stock page. For example, this stock page for Jet Blue says: Inst Owned: 100%, but does that seem feasible. It means that all of the ...
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1answer
109 views

What are the tax implications of exchanging one fund for another in a tax-sheltered account?

What are the tax implications (if any) for exchanging one fund for another in a tax sheltered account (Roth IRA)? e.g. Changing from, say, a Life Strategy Fund to a Target Retirement fund.
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0answers
48 views

Where to find turnover / average amount of time investors & mutual funds held stocks they purchased?

In the book The Intelligent Investor, Jason Zweig mentions the annual turnover rate for stocks on the NYSE, that is the average amount of time investors and mutual funds held stocks that they ...
8
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2answers
206 views

Assessing the value of an ETF

I recently read through Graham's The Intelligent Investor and am looking at what index ETFs or Index Mutual Funds it makes sense for me to invest in. As I was considering this I realized that, at ...
4
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2answers
179 views

Shifting money between mutual funds

In the last 5-7 years, I've gradually invested money in several mutual funds via my bank (USAA). These funds now make up about a third of my portfolio. Initially I had invested in these funds ...
4
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3answers
629 views

If a mutual fund did really well last year, then statistically speaking, is it likely going to do bad this year?

I am a looking at a specific fund that made a killing last year. I know that this is a speculative question, but I am interested whether what I am saying held true over the years. Does a mutual fund ...
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1answer
95 views

Vanguard fund, Roth IRA, and 1099

About a week ago, I opened a Roth-IRA and purchased a Vanguard life strategy fund (VASGX), made the contribution for 2013 Tax Year. I should get q 1099, correct? How long does this normally take?
1
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1answer
28 views

What is the tax rate for VBIRX distributions?

I am unsure as to what is the federal tax rate for the distributions of the VBIRX fund. To quote from the product summary for VBIRX the fund invests about 30% of assets in corporate bonds and 70% ...