Timeline for How to research an obscure Mutual Fund and how "legit" it is?
Current License: CC BY-SA 3.0
8 events
| when toggle format | what | by | license | comment | |
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| Mar 10, 2012 at 14:40 | history | tweeted | twitter.com/#!/StackFinance/status/178490513996005377 | ||
| Mar 9, 2012 at 23:55 | comment | added | littleadv | beating the index for 10 years by x3 sounds fishy. Remember, Madoff has been running his scam for years. It will blow up eventually. | |
| Mar 9, 2012 at 22:39 | comment | added | Dilip Sarwate | There can be any number of possible reasons why the fund is not available through Vanguard's brokerage, and that Vanguard thinks it is fishy is just one such reason. Others could be Vanguard Brokerage thinks the sales charge is too high (or too low!) or the expense fee is too high or Vanguard does not offer funds with 12b1 fees etc. You will need to find a brokerage house that does offer the fund and open an account with them, or open an account directly on the fund's web site. Tread carefully! | |
| Mar 9, 2012 at 22:25 | comment | added | Clay Nichols | @ Dilip : I do have a brokerage account w/ Vanguard and their site says that you can't buy it through them (I confirmed this w/ a call to Vanguard brokerage services.) | |
| Mar 9, 2012 at 22:19 | history | edited | Clay Nichols | CC BY-SA 3.0 |
Clarifying that Vanguard does not sell this fund.
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| Mar 9, 2012 at 20:56 | comment | added | Dilip Sarwate | Vanguard and Fidelity have their own mutual funds that they sell on their web site. To invest in other mutual funds through Vanguard and/or Fidelity, you need to have a brokerage account with them, not just be an investor in their in-house funds. Their brokerages do not offer all available mutual funds, only some of them. So when you say "not carried by Vanguard or Fidelity" you mean you can't buy this particular mutual fund through their brokerages, right? Or did you go to the Vanguard and Fidelity mutual fund investors site and didn't find your fund listed there? It won't be there. | |
| Mar 9, 2012 at 20:35 | answer | added | Patches | timeline score: 3 | |
| Mar 9, 2012 at 17:12 | history | asked | Clay Nichols | CC BY-SA 3.0 |