Art G
Thinks s/he gets paid by the post
- Joined
- Nov 5, 2007
- Messages
- 1,052
Well, I started to look at a few of them. That 5.75% front-end load sure doesn't help the comparison.
After the load, I saw underperformance relative to their index. Sometime even w/o the load.
Here's the first I found that Yahoo matched to the S&P 500 index. It underperformed both w/wo the load in the 1, 3 and 5 year periods. It did manage to outperform in the ten year. How about you do the other 13?
-ERD50
VFINX
1 yr 5.39%
3 yrs 8.49%
5 yrs 12.69%
10 yrs 5.83%
AMRMX with LOAD
1 yr -2.61%
3 yrs 5.90%
5 yrs 10.16%
10 yrs 6.64%
AMRMX before LOAD
1 yr 3.33%
3 yrs 8.02%
5 yrs 11.47%
10 yrs 7.27%
ERD...LOL! I can see you've got one heck of an agenda, prove the other poster wrong no matter what the betterment of the board might be. I notice you pick ONE American Fund, and amazingly, it was the one with the worst performance of all.
Of course, even with the load, the 10 year returns were still higher with that one American Fund with a beta of .82.
FWIW, I certainly don't want to tell you which fund to use, but I'd say ANCFX is closest to the S&P index for historical purposes.