wazua Sat, Jan 18, 2025
Welcome Guest Search | Active Topics | Log In | Register

What you don't want to hear from your adviser
Options
Previous Topic · Next Topic
maka
#1 Posted : Tuesday, October 23, 2012 10:30:58 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Back to top
 Report Abusive | Report SPAM
hisah
#2 Posted : Wednesday, October 24, 2012 8:33:50 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Mutual funds or unit trusts are not worth the investors time & money. Rarely do they outperform the market. The thing that i most dislike about them is charging annual fees on your portfolio even when they underperform i.e. your portfolio is in the red?! E.g. imagine all those portfolios in the red since GFC still paying annual fees for those 4yrs! The other thing is who earns the declared dividends of those stocks that they buy for investors? Why do they refuse to disclose the stocks they hold?

I've not come across a mutual fund that can answer those 3 questions frankly & without breaking a sweat.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
guru267
#3 Posted : Wednesday, October 24, 2012 9:15:27 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
1.The thing that i most dislike about them is charging annual fees on your portfolio even when they underperform


whether the market underperforms or not these guys need to earn a basic living!!

hisah wrote:
2. who earns the declared dividends of those stocks that they buy for investors?


The portfolio earns the dividend & it is factored into the yearly gains of the portfolios! Capital losses usually outweigh dividend gains though

hisah wrote:
3. Why do they refuse to disclose the stocks they hold?


a)They do not need every Tom Dick and Harry offering their opinion on the stocks being held!

b)The investors might be spooked by risky bets!

c)Poor performance of a stock might cause investors to bail from the fund!!
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.