I am considering investing in a Mutual fund that has great returns (beating the SP500 index by 3x over 2,5,10 years) but it's somewhat obscure, not carried by Vanguard or Fidelity. This gives me some pause. I'd like to do some more research on how "legit" they are but not sure where to start.
So I'm a bit more interested in the "behind the scenes" stuff. (Trying to avoid a Bernie Madoff situation :-). I realize that all MF's are somewhat regulated but ya' never know. I'd like to do some due diligence.
According to Vanguard.com:
This fund is not available for purchase or transfer This fund is not available for purchase and cannot be transferred to your Vanguard Brokerage Services® account from another financial institution