phl@drusd.UUCP (LavettePH) (07/09/85)
> a) Are there advantages to my dealing through this broker, or am > I just as well (or better) off dealing directly with Franklin? > > b) Does anybody have a better suggestion for a high growth fund, > or any positive or negative feedback on Franklin funds? > >Jay Hyman, AT&T Bell Labs Most (not all) mutual funds require that you purchase through a brokerage firm. There is no broker's fee, per se, for this type of purchase. At least I've never paid one. A good measure of a fund's history is the Lipper Report which is published quarterly in BARRON'S. This report covers virtually all funds available in the US. It is based solely on past performance and makes no recommendations. A lot of people got burned back in the early seventies when the mutuals fell with the rest of the market. I would suggest you use the Lipper Report only as a guide to help you weed out the really poor performers and take a good hard look at the portfolios of some of the better performers. Remember that each company offers a whole menu of investment strategies. Just because one or two funds in their offering are performing well doesn't mean that they are all top grade offerings. - Phil
gj@bubba.UUCP (07/10/85)
> ... > > I've got a broker from David Lerner Associates (NY area folks may have > heard their ads on WINS radio) who I use to invest in Franklin Group > mutual funds. So far, I have only invested in the U.S. Govt. Series, > which basically consists of GNMA securities. I am now interested in > moving into some growth fund, but I have several questions. > > a) Are there advantages to my dealing through this broker, or am > I just as well (or better) off dealing directly with Franklin? > > b) Does anybody have a better suggestion for a high growth fund, > or any positive or negative feedback on Franklin funds? > I have blown off brokers for mutual fund investments. I have found that I can do better with the assistance of a newsletter I subscribe to. The newsletter subscription costs about the same as the brokers commissions I would pay and return has been much higher that any mutual fund recommended to me by my former broker. Right now, I am in Fidelity Magellan. It is a growth oriented fund with a 3% load. If anyone wants more info on the newsletter or the mutual fund, mail me a note. If there is enough response, I'll post the details to the net. -- George Jenkins, COSI Texas, Inc., 4412 Spicewood Springs #801, Austin TX 78759 USA uucp: {ihnp4,seismo,ctvax}!ut-sally!cositex!bubba!gj at&t: (512) 345-2780