Ultra OTC Fund - UOPIX Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ultra OTC Fund - UOPIX

UOPIX 149.70

-0.5%

Dec 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John who wrote (1118)	1/4/2001 2:44:56 PM
From: OldAIMGuy	Read Replies (1) of 2063

Hi John, Those annual fees are "stealth" fees typical of mutual funds. It accounts as a real annual drop in Net Asset Value during the course of the year. It doesn't show up on any statement and isn't deductible on your tax forms either (to my knowledge). In a flat market, a No Load with a high annual fee might be as expensive as a Low Load fund with a very cheap annual fee. Best is No Load with very low annual fees! In the early days of Sector Funds, there were some amazingly high annual fees (2.5%/year) along with the usual commission front end loads. They are worth watching in more typically moderate markets or in down trending markets. Best regards, Tom Best regards, Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next