Products May 8, 2002
Site Offers ?No Load? Focus
August 5, 2002 (PLANSPONSOR.com) - Retirement plan investors now have a new tool to help them track down no-load mutual funds.
Reported by Nevin E. Adams
The Mutual Fund Education Alliance, a national trade association of the no-load and direct mutual fund industry, has launched a new feature on its Web site ( www.mfea.com ) called How to Buy No-Load Funds.
The site outlines five major ways in which investors can buy no-load funds:
- Direct No-Load
- Online Broker
- Employer-Sponsored Retirement Plan
- 529 College Savings Plan
- Financial Adviser
The 36 member companies of the MFEA represent nearly 1,500 mutual funds and manage nearly $3 trillion in assets.
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