Quote:
Originally Posted by sammyg2
Here's the part I really don't like (bedsides the turnover rate):
Expenses & Fees Expenses & Fees Additional Information
Exp Ratio (Gross) 1.19%
($11.90 per $1000)
Exp Ratio (Net) 1.19%
($11.90 per $1000)
Distribution and/or service fee(12b-1) Fees 0.25%
Loads
Front End Load 4.25%
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I am sorry but your friend got screwed. Read sammy's other posts - Vanguard & Fidelity & others offer good bond funds and will not screw him with fees.
Besides the load, the exp. ratio is high for a bond fund. It would be fine for an actively managed foreign stock fund...