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Biotech / Medical : Biotech HOLDRs (AMEX: BBH)

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To: Frank Williams who wrote (10)1/22/2000 12:47:00 PM
From: duncan moyer  Read Replies (2) of 98
 
Frank,

From
thestreet.com

These securities are much cheaper to own than mutual funds. Unlike funds, these baskets do not carry annual expense ratios. The only recurring charge is a $2 quarterly custody charge per 100 shares, and whatever portion of that charge isn't covered by the dividends is waived.

This link talks about the 2 new HOLDRs, Telecom (TTH) and Pharmaceutical (PPH) that are soon to happen.
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