Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site drusd.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxn!ihnp4!drutx!drusd!phl From: phl@drusd.UUCP (LavettePH) Newsgroups: net.invest Subject: re: mutual fund query Message-ID: <1376@drusd.UUCP> Date: Tue, 9-Jul-85 10:19:21 EDT Article-I.D.: drusd.1376 Posted: Tue Jul 9 10:19:21 1985 Date-Received: Thu, 11-Jul-85 06:29:17 EDT Organization: AT&T Information Systems Laboratories, Denver Lines: 25 > 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