An excellent research source that can help you make investment decisions is a mutual fund ticker symbol. The mutual funds are assigned a five digit symbol (always ending with X) and generally follows the mutual fund name. Example would be ABC Mutual Fund ABCFX (fictitious name and symbol). The mutual fund symbol is your key to unlock a wealth of investment data.
Many major Internet financial search engines provide all the information you seek to make a investment decision based on facts. Some excellent financial search engines are Finance.Google.com, Finance.Yahoo.com, LipperWeb.com. To view the vast resource of mutual fund data that is readily available, the website requires a symbol be placed in the dialog box. Here is a thumbnail sketch of the valuable type of source material provided.
Mutual Fund Profile
lists the mutual fund’s family – address – toll free number – name of the Manager and tenure – inception date – net assets – investment category – investment objective, etc.
Mutual Fund Purchase
includes the minimum initial purchase – minimum initial IRA purchase – maximum 12b1 fee – maximum front end sales load – maximum deferred sales load – brokerage availability.
Mutual Fund Performance
provides the current net asset value (share price) – year-to-date return – long-term average return – best one/three year total return – worst one/three year total return – performance vs. benchmarks.
Mutual Fund Risk
shows the risk rating – 3 year Alpha rating – 3 year Beta rating – 5 year Alpha rating – 5 year Beta rating – total expense ratio.
Now that you are armed with the value of the mutual fund ticker symbol you can find top mutual funds that are worth researching at http://www.largedividends.com (Mutual Interest Data Service).
Good luck on your investing future.
By: Bill Cook
About the Author:
Bill is an expert mutual funds investor. He recommends picking up the Mutual Fund Kit right here to learn everything you need to know about mutual funds.
From Viral Socialite published on June - 21 - 2010