Search results
Results From The WOW.Com Content Network
American Funds has performed there’s no arguing that. But from a non qualified perspective they’re woefully inferior from a tax efficient standpoint. The funds are so large that they can’t be nimble enough in markets and when we see downturns like we did last year the funds are forced to make liquidations and spin off year end capital ...
The American Funds portfolio current has 18.8% of stocks International, Vanguards' is 4.9%. I'd assume this is close to the historical amounts. The lack of International has been beneficial to Vanguards portfolio because after 2008, US has had more returns for less volatility.
I have 2 accounts with American Funds one is a Roth IRA an another was a roll over into a IRA from a 401K I had. For my roth IRA I have invested in the EuroPacific Growth Fund (AEPGX) and the Income fund of America (AMECX), my portfolio says my annualized since initial investment is 4.60%.
For one, your employer is using the R-4 share class from American Funds. This means the fund expense ratio has a bit of revenue sharing to subsidize the cost of the plan instead of your employer paying for all of it. Ask your employer to move to the R-6 share class which should be approximately 0.25% cheaper for the funds.
20.33% American Funds Growth Fund of Amer R5 (RGAFX) 14.94% American Funds SMALLCAP World R5 (RSLFX) 15.23% Victory Sycamore Established Value I (VEVIX) 20.38% T. Rowe Price Dividend Growth (PRDGX) 9.86% PIMCO Income Adm (PIINX) Available. American Funds RAFFX American Funds EuroPacific RERFX American Funds Growth Fund of Amer RGAFX
If you continue to purchase American Funds mutual funds, you'll either pay an up-front fee to buy (typically 5ish percent for AF, taken out of the purchase price), or pay a higher expense ratio and possibly a deferred load if you sell within a certain time period (I think it's a year and 1% for most AF funds).
American funds typically sold by low level financial "advisors" have a 5.75% front end load. A good part of that goes as commission to the salesperson. Your typical salesperson selling these is not a financial "advisor". They are just sales slime. Another aspect is that they can't transferred to a regular broker.
American Funds are the worst of the worst. You may be comparing the wrong things, or they may be upselling the things that have done better to try and show they have skills (hint: they don't). This is known as 'survivorship bias' -- you bury bad results, discontinue failing fuds, show only the funds that have done well, and presto, your ...
My local American Funds broker convinced me to go with their 'portfolio series' GWPAX fund. It currently has 72% U.S. equities, 22% Non-U.S. equities, and 6% cash with a 0.74% expense ratio and 8.71% 10-year return. It is an actively managed (everything is as American Funds) mix of six mutual funds offered by American Funds.
Whether I'm wrong about the 5% charge to transfer into American Funds and whether a similar fee applies transferring out. If I'm not wrong, if there's any way to waive that or get around it to transfer elsewhere. Or some reason to keep it in the account.