OSC releases report on mutual fund comp.

OSC releases report on mutual fund comp.

10 Comments
  • John De Goey 2015-06-11 1:42:09 PM
    In other news, the Pope is Catholic!
    Post a reply
  • John De Goey 2015-06-11 1:42:53 PM
    Hands up - who is 'surprised'?
    Post a reply
  • Michael Gentile 2015-06-11 3:37:20 PM
    Re: 3 Major Conclusions

    1. How do you conclude that funds that pay a commission underperform? We offer numerous funds on a front end zero basis that significantly outperform many funds with and without a commission structure.
    2. There is a cost to doing business which of course involves distributions. Show me a business that doesn't have distribution costs.
    3. Nothing like getting tarred by the same brush eh? We do not make recommendations based on compensation and never have. Our primary interest is in providing our clients with funds commensurate with their risk tolerance as well as consistent positive rates of return and meeting their short and long term objectives.

    In terms of a conclusion, I am willing to conclude that somebody didn't do a thorough job on their homework. Or to put it another way, there are 2 sides to the coin and I am not sure that they have acknowledged that.
    Post a reply