Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: When I mentioned in a post a few weeks ago that American Funds has 19 share classes, it raised a few eyebrows. So let’s take a look at why they need so many. By the way, the working title for this post was “Here a share, there a share, everywhere a share share”, but I thought it might go unappreciated by readers without small children. Regards, Ted http://gordianadvisors.com/share-classes-galore/
As a longtime AF holder, I am happy with their funds and fairly comfortable with their investment process/management, but these days, knowing what I know now versus 15 years ago, would absolutely refuse to buy more and/or institute new positions if I had to pay a load.
The last AF I purchased was in my 403(b) and a load-free, low-cost R-6 class share.
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As a longtime AF holder, I am happy with their funds and fairly comfortable with their investment process/management, but these days, knowing what I know now versus 15 years ago, would absolutely refuse to buy more and/or institute new positions if I had to pay a load.
The last AF I purchased was in my 403(b) and a load-free, low-cost R-6 class share.