Understanding Mutual Funds

CHICOPEE, Mass. (Mass Appeal) We all face financial challenges, but sometimes, it’s even harder out there for retirees,  Dylan Bond, Owner of Bond Financial Services came onto Mass Appeal to help us plan our retirements.

The Real Cost Of Owning A Mutual Fund
Few investors understand the total cost of a fund,including tax, transaction and advice fees.
In over 25 years of business, our firm has never had an initial meeting with an investor who completely understood the total costs of the mu- tual funds they owned. The following article seeks to simplify themany complexities ofmutual fund expenses so investors are able to discover the true costs associated with mutual fund own- ership. To simplify this topic, six different costs will be evaluated: expense ratio, transaction costs (brokerage commissions, market impact cost, and spread cost), tax costs, cash drag, soft dollar cost and advisory fees.

Bond Financial Services
175 Dwight Rd., Suite 301
Longmeadow

 “Are You Prepared for 40 Years Without a Paycheck?”
Upcoming Retirement Planning Seminars

Designed for people 50 and older with questions about retirement income planning.

Wednesday, May 7th &
Wednesday, April 30th
6:00PM
Twin Hills Country Club
700 Wolf Swamp Road, Longmeadow

Golfing & Investment Seminars
Monday, July 7th
Orchards Golf Club
18 Silverwood Terrace
South Hadley

For more information or to make a reservation call (413) 754-4747 or visit BondFinancialServices.net.

 

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