The fund charges back load and a percentage of that goes to the adviser. My understanding is that mutual funds charges loads (front, back, whatever), and those are the cost you pay. I don't think that you will save money by using an adviser. But I might be wrong.
Actually that's one of the reasons that I am against the advisers, they tend to choose the funds that charges higher load fees. The one I got from this adviser performs mediocre and charges heavy loads. I was very inexperienced and fell for it.
I did buy some fund from one adviser several years ago
所有跟帖:
•
Well, whenever I was advised for a new fund, the 1st
-jellybean3-
♀
(35 bytes)
()
04/16/2007 postreply
11:14:11
•
Maybe I had too much bad experience with these guys
-skyport-
♂
(178 bytes)
()
04/16/2007 postreply
11:21:43