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Top 12 Ranked Mutual Funds, July 2008

Heading into the last few days of July there are 12 mutual funds that have had returns of atleast 10% for the month.
A sector that most investors may have overlooked was Biotechnology which had a stellar performance for a group as a whole making up half of the following list.
Here are the best performing mutual [...]

The Scam Behind Mutual Fund Loads

Some mutual funds have investors pay what are known as “loads” when you either enter or exit the fund. What most people don’t know is that they are a simply a cash incentive for your broker and don’t guarantee success. They are a complete scam.
A load is no more than a cash incentive /commission for [...]

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Mutual Fund Fees Broken Down, What Exactly Are You Paying For?

Have you ever wondered where your x% management fee goes every year with your mutual fund?
Mutual fund fees are broken down into three basic categories, also known as calculating the expense ratio, which is the total cost to run the mutual fund each year. If you have ever heard of the term MER, that stands [...]