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Posts Tagged ‘ira’

I’m trying to purchase a mutual fund for an IRA. When I look at a fund’s history everything is in negative numbers due to last years crash. Some funds have a positive return "since inception" but show a negative return over 10 years or less. How can I adequately judge a funds performance when they are showing these kinds of returns?

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Technorati Tags: 10 years, crash, inception, ira, mutual fund, negative numbers, quot

I’ve reviewed the prospectus for American Funds Growth Fund of America. According to the prospectus they only charge a set up fee and annual fee of for class A-529 accounts. I have a regular class A retirement account, but am being charged a annual fee and was charged the setup fee. I am positive this fee is not listed in the prospectus. Can mutual fund companies charge fees that are not disclosed?
This is NOT a college account. It is a class A IRA.

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Technorati Tags: american funds, american funds growth fund of america, ira, mutual fund companies, prospectus, retirement account