dave@cylixd.UUCP (Dave Kirby) (10/18/85)
I received this in the mail today: ------------------------------------------------------------- A past netnews article of yours said that you could look up the past year/5 year/10 year performance of mutual funds. do you have any info on 'mutual shares' and their IRA fund, 'mutual qualified' ? thanx in advance. jeff langer allegra!jeff ------------------------------------------------------------- I don't have any information on these instruments, so I'm posting the question to the net. Can anyone help?
patcl@tekecs.UUCP (Pat Clancy) (10/20/85)
> >...do you have any info on 'mutual shares' and their >IRA fund, 'mutual qualified' ? > In last July's Consumer Reports piece on mutual funds, Mutual Shares Corp. was the top-ranked no-load fund that had shown consistent 5/10 year performance, and was never in the bottom 25% in any year, and was still open to new investors at that time. I think Forbes dropped them from the "honor roll" because they supposedly don't do as well as they used to in up markets. For what it's worth, I invested on 9/3 when they were at 57.58, and they're now around 58.41. Pat Clancy Tektronix
cwc@mhuxd.UUCP (Chip Christ) (10/22/85)
Another source of info useful for comparing mutual funds is "Money" magazine's annual fund rankings, which compares current, 5-year & 10-year returns and provides a few other tid-bits on each ranked fund. If nothing else, it is a starting point for choosing which funds to investigate further. Chip p.s. This year's rankings are in the October issue.
johnl@ima.UUCP (10/22/85)
Here is some info on Mutual Shares and Mutual Qualified from this year's Forbes mutual funds surveys. This is 10 year data for Mutual Shares, since the fund's inception for Mutual Qualified. Qualified Shares Up performance: D C Down perform: A A+ (performance in up markets and down markets, rated from A+ down to F.) Average annual return: - 21.6% (S+P 500: 12.5%) (no number computed for Qualified) Total return, last 12 months: 21.0% 22.7% (S+P 500: 30.9%) Dividend return, last 12 months: 6.2% 7.3% (S+P 500: 4.2%) Total assets: $308M $776M % change in assets since last year: 181% 110% Annual expenses, per $100: 0.81 0.73 Both are no-load funds. These numbers mean that Mutual Shares is a decent fund which has outperformed the indices for the last 10 years. You could do worse. Of course, there are other funds that have done even better. These funds are distributed by Heine Securities, 800-457-0211 or 212-908-4047. As I keep saying, if you really care about choosing a mutual fund, you should go down to your library and look up the September 16 issue of Forbes which has ratings like these for most every fund there is. John Levine, ima!johnl
wan@gatech.CSNET (Peter N. Wan) (10/22/85)
In article <392@cylixd.UUCP> dave@cylixd.UUCP (Dave Kirby) writes: >------------------------------------------------------------- >A past netnews article of yours said that you could look up >the past year/5 year/10 year performance of mutual funds. > >do you have any info on 'mutual shares' and their >IRA fund, 'mutual qualified' ? > >thanx in advance. > >jeff langer >allegra!jeff >------------------------------------------------------------- >I don't have any information on these instruments, so I'm posting >the question to the net. Can anyone help? The October issue of Money magazine ranks 515 funds. Mutual Shares Corp. is ranked #20 on the list of long-term growth funds. It is listed as having 22% gain on one year, 146.1% for five years, and 726.1% for ten years. There is no listing that I could find for "Mutual Qualified"; maybe it is just an IRA arrangement for their growth fund? Peter -- Peter N Wan UUCP : ...!{akgua,allegra,ihnp4,rlgvax,ut-ngp,ut-sally}!gatech!wan ARPA : Wan%GaTech.CSNet@CSNet-Relay.Arpa CSNET : Wan@GaTech
mazlack@ernie.BERKELEY.EDU (Lawrence J. &) (10/23/85)
>>A past netnews article of yours said that you could look up >>the past year/5 year/10 year performance of mutual funds. >> >>do you have any info on 'mutual shares' and their >>IRA fund, 'mutual qualified' ? >> >>thanx in advance. >> >>jeff langer >> >>I don't have any information on these instruments, so I'm posting >>the question to the net. Can anyone help? > >The October issue of Money magazine ranks 515 funds. Mutual Shares Corp. >is ranked #20 on the list of long-term growth funds. It is listed as >having 22% gain on one year, 146.1% for five years, and 726.1% for ten >years. There is no listing that I could find for "Mutual Qualified"; >maybe it is just an IRA arrangement for their growth fund? > Peter >-- >Peter N Wan Mututal Qualified is a newer fund designed for things such as IRAs and Keoghs where tax considerations are not a factor. Same basic philosophy, presumably trades more often. ....Larry Mazlack