Comments on: Understanding the various forms of mutual fund fees (Part 1) http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/ Wed, 25 Jan 2012 13:17:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Three Income Funds Worth Considering | Jemstep Blog : Portfolio management : ETF Research http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-1503 Three Income Funds Worth Considering | Jemstep Blog : Portfolio management : ETF Research Wed, 08 Dec 2010 20:25:21 +0000 http://www.jemstep.com/blog/?p=579#comment-1503 [...] an investor buys into or sells out of a fund. Load fees can significantly reduce your returns (read this post for a detailed description of mutual fund [...] [...] an investor buys into or sells out of a fund. Load fees can significantly reduce your returns (read this post for a detailed description of mutual fund [...]

]]> By: ETF research: Five things you should know | Jemstep Blog : Stock Trading Advice : Stock Investment Research http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-911 ETF research: Five things you should know | Jemstep Blog : Stock Trading Advice : Stock Investment Research Thu, 08 Jul 2010 20:39:08 +0000 http://www.jemstep.com/blog/?p=579#comment-911 [...] Mutual funds often come in several varieties of share class, for example: front-end or back-end load, retirement, institutional and so forth.  Each class reflects different types and levels of fees, including sales load, redemption, 12b-1 and other varieties (for a detailed examination of mutual fund fee structures please refer to David Buchanan’s excellent series “Understanding the various forms of mutual fund fees”). [...] [...] Mutual funds often come in several varieties of share class, for example: front-end or back-end load, retirement, institutional and so forth.  Each class reflects different types and levels of fees, including sales load, redemption, 12b-1 and other varieties (for a detailed examination of mutual fund fee structures please refer to David Buchanan’s excellent series “Understanding the various forms of mutual fund fees”). [...]

]]> By: David Buchanan http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-489 David Buchanan Wed, 19 May 2010 11:56:07 +0000 http://www.jemstep.com/blog/?p=579#comment-489 Hi Notafanoffees, Nice nickname and thanks for the comment. To answer your first question (what exactly is Jemstep?), Jemstep helps you make better financial decisions. You answer a few profiling questions, and then Jemstep’s unbiased, proprietary technology sifts through thousands of investment choices to find the best investment option for your specific needs. We are currently in private beta but if you would like to sign up, we will contact you when we go public. For more information please see our <a href="http://www.jemstep.com/blog/about-us/" rel="nofollow">about us</a> page. Regarding your second question (how does it take load fees and other mutual fund fees into account?), in the search (called a ranking) for your best mutual fund, you can tell Jemstep to either include or exclude load funds. Don’t want to pay load fees, then exclude funds that charge a load from your ranking. It’s that easy. Now you can’t get away from fees completely because every mutual fund charges a fee of some sort (be it a management fee, 12b-1 fee, administration fee and so on) but you can tell Jemstep to push those funds that charge lower fees than their peers up in your ranking, if that is what is important to you. If you have any more questions feel free to contact me at info@jemstep.com Hi Notafanoffees,

Nice nickname and thanks for the comment.

To answer your first question (what exactly is Jemstep?), Jemstep helps you make better financial decisions. You answer a few profiling questions, and then Jemstep’s unbiased, proprietary technology sifts through thousands of investment choices to find the best investment option for your specific needs. We are currently in private beta but if you would like to sign up, we will contact you when we go public. For more information please see our about us page.

Regarding your second question (how does it take load fees and other mutual fund fees into account?), in the search (called a ranking) for your best mutual fund, you can tell Jemstep to either include or exclude load funds. Don’t want to pay load fees, then exclude funds that charge a load from your ranking. It’s that easy.

Now you can’t get away from fees completely because every mutual fund charges a fee of some sort (be it a management fee, 12b-1 fee, administration fee and so on) but you can tell Jemstep to push those funds that charge lower fees than their peers up in your ranking, if that is what is important to you.

If you have any more questions feel free to contact me at info@jemstep.com

]]> By: David Buchanan http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-486 David Buchanan Wed, 19 May 2010 08:59:59 +0000 http://www.jemstep.com/blog/?p=579#comment-486 Thanks for the comment PM. Good luck with your future investments. Thanks for the comment PM. Good luck with your future investments.

]]> By: David Buchanan http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-485 David Buchanan Wed, 19 May 2010 08:53:27 +0000 http://www.jemstep.com/blog/?p=579#comment-485 Thanks Brett. Glad you enjoyed it. Thanks Brett. Glad you enjoyed it.

]]> By: David Buchanan http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-484 David Buchanan Wed, 19 May 2010 08:50:16 +0000 http://www.jemstep.com/blog/?p=579#comment-484 Thanks Morrison, much appreciated. Glad that you found the blog informative. We are also very excited about our beta release. I look forward to hearing what you think about the site. Thanks Morrison, much appreciated. Glad that you found the blog informative. We are also very excited about our beta release. I look forward to hearing what you think about the site.

]]> By: David Buchanan http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-482 David Buchanan Wed, 19 May 2010 08:42:28 +0000 http://www.jemstep.com/blog/?p=579#comment-482 Thanks Kev. Thanks Kev.

]]> By: Kevin Cimring http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-480 Kevin Cimring Wed, 19 May 2010 04:45:43 +0000 http://www.jemstep.com/blog/?p=579#comment-480 Nice article Dave! Nice article Dave!

]]> By: Morrison http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-471 Morrison Tue, 18 May 2010 13:49:36 +0000 http://www.jemstep.com/blog/?p=579#comment-471 Excellent article that is easy to follow and understand. Now I know what people are talking about when they mention the terms "load" and "no-load" fees. Thanks and keep up the great work - I really find this blog to be useful and look forward to the beta. Excellent article that is easy to follow and understand. Now I know what people are talking about when they mention the terms “load” and “no-load” fees. Thanks and keep up the great work – I really find this blog to be useful and look forward to the beta.

]]> By: Brett http://www.jemstep.com/blog/2010/05/understanding-the-various-forms-of-mutual-fund-fees-part-1/comment-page-1/#comment-470 Brett Tue, 18 May 2010 11:40:35 +0000 http://www.jemstep.com/blog/?p=579#comment-470 nice article dave, some more knowledgeable insight into the intricacies of mutual funds. nice article dave, some more knowledgeable insight into the intricacies of mutual funds.

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