Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Whats the worlds worst mutual fund?

mutual fund world worst
0
Posted

Whats the worlds worst mutual fund?

0

That dubious distinction belongs to Frontier Equity, whose losses should make you feel better about your brokerage statement. It has hemorrhaged an annualized 62% per year over the past three years, reducing every $10,000 to $549. For this, it charges an 8% load and spends 32% of its assets on expenses.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.