MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

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.

    Support MFO

  • Donate through PayPal

INDEX (S&P Equal Weight)

Patrick1
edited September 2016 in Fund Discussions
This month's commentary identifies INDEX as the entry into S&P 500 Equal Weight mutual fund. I have been interested in this area for some time but looking for an option less expensive than the INVESCO mutual fund or Guggenheim EFT. INDEX OER is .30 which is less than its competitors, however, it charges a $25.00 annual maintenance fee for small accounts (defined as less than $25,000) and the board of director (trustees) have zero dollars invested in the fund. INDEX website shows approx. $3 [million] total assets [Morningstar reports $4 million in the fund, David.]; the founder of the fund has 10k-50k invested. Just sharing information.

Comments

Sign In or Register to comment.