FINRA Investor News
|
||
Tools You Can Use
New Mutual Fund Tools NASD recently launched two powerful, easy-to-use online tools designed to help the nation's tens of millions of mutual fund investors make smart investment choices. One will allow investors to determine quickly and easily the expenses associated with a particular mutual fund or exchange traded fund investment. The other will allow investors and brokers to identify available breakpoint discounts for substantial investments in Class A mutual fund shares. NASD's new and improved Mutual Fund Expense Analyzer delivers fee and expense information for virtually all of the more than 18,000 mutual funds and 160 exchange traded funds (ETFs). The analyzer is also equipped with word search capabilities. You simply enter a ticker symbol or select a fund, share class or fund family from a drop down menu, and the tool automatically delivers expense and fee information. NASD's new Mutual Fund Breakpoint Search Tool offers users a groundbreaking way to research eligibility for breakpoint discounts. You can look up breakpoint schedules and linkage rules for mutual funds with front-end sales charges, most commonly A shares. Mutual fund families typically offer sales charge discounts for substantial investments - usually $50,000 or more. The size of the discount typically increases at various "breakpoints" - for instance, at $100,000, $250,000, $500,000 and $1 million.
Tell Us About NASD Investor News
Investor Home |
Mutual Fund Resources
NASD offers a wealth of information on mutual funds, including some of our most popular Investor Alerts:
Additional mutual fund information can be found on our new Mutual Funds page.
Consumer Corner
Protect Yourself from Cold Callers It happens to all of us. The telephone rings as you're sitting down to dinner, relaxing with family or friends, or putting the kids to bed. A stranger is selling something. It's known as cold calling. Whether the calls are annoying, abusive, or downright crooked, you can stop cold callers. The law protects you by requiring cold callers to follow a recently enhanced set of rules. The most significant new requirement is that they search the Federal Trade Commission's (FTC) National Do Not Call Registry every 31 days and refrain from calling any phone numbers that are on it. But you need to register your telephone numbers with the Do Not Call Registry to take advantage of these rules and to protect yourself. To put your number on the Registry you may register online at donotcall.gov, provided you have a working email address, or by phone, by calling toll-free (800) 382-1222 from the number you wish to register. Registration is free. Your number will remain on the Registry for five years or until it is disconnected or you take it off the Registry.
Past Issues of Investor News Available
In response to numerous requests, previous issues of Investor News are now available on our Web site. |
|
