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Did you know that the
online mutual funds brokers keep that fee for work they haven�t
performed and they are not allowed to sell F-Class mutual funds even
if you requested them?
Why not invest in mutual
funds with DeWinter Financial � you can purchase almost any mutual
funds sold in an F- Class format and save money. We charge you a
flat rate of one half of one percent which can become an ongoing tax
deduction � meaning your net cost could be closer to one quarter of
one percent. Compare that to the full non tax deductible charge
most mutual funds carry.
Consider
this example:
The popular Trimark Fund
Series A carries a Management Expense Ratio (MER) of 2.47% which as
mentioned previously covers all AIM Trimark�s costs and the cost of
advisor compensation. Now consider the same fund in an F-Class
version. The Trimark Fund, Series F carries an MER of only 1.14%.
That means that the fund is charging DIY investors 1.33% for advice
they didn�t request and don�t want.
So in dollar terms, for
every ten thousand dollars invested an investor using the above
example is paying $133 per year in unnecessary fees. Over the last
five years the additional fee cost the equivalent of over 25% of the
return on that fund � meaning the returns on this fund would have
been 25% higher without the extra 1.33% that was charged.
Our
program for Do It Yourself investors could save you thousands of
dollars now and every year.
If
you are an investor that is paying fees for services you aren�t
receiving call DeWinter Financial. We offer a no obligation review
of your portfolio to determine how much you could save.
We
can also custom tailor plans for investors that want limited advice,
have large portfolios or have unusual situations � call us for
details.
Call Bill DeWinter
- Toll Free:
1.888.665.7534
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