Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Crimson Ghost who wrote (34618)	1/9/1999 12:24:00 PM
From: Denice	Read Replies (2) of 95453

Mr. Cole, Have enjoyed this thread and am learning as I go. My question to you has to do with FSESX. You pay a 3% load to buy this fund. I believe there is a back end load - a redemption fee of .75%. Management fee of .30% and Expense ratio of 1.22. Risk rated as high. Lost over 50% this year (A good thing if you are just now entering). Convince me why this fund is the best investment for my money. Why couldn't you take their top holdings in the fund and buy individually and have total control without all the fees associated with Fidelity? Just wondering and in no hurry. Thanks in advance Denice

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