High costs, the lack of an age-based option and poor investment choices make these options unappealing on almost every level.
More Quotes from Russel Kinnel:
This category has performed very well. It's one of the best and most innovative things the fund industry has come up with and partly that's because they do such a crummy job with the rest of their funds on taxes.Russel Kinnel
These are funds you can buy and not worry much about. They're well run, and you can depend on that year in and year out.
Russel Kinnel
Generally you go with a manager who has a meaningful track record somewhere. It doesn't guarantee this is a smart or good manager, but at least it said I've got a few years and I can learn a lot from that.
Russel Kinnel
Putnam is in the early stages of a restructuring effort aimed at providing better, more reliable performance. It may be years before Putnam funds have a lot of appeal. Stock-picking skill and experience aren't changed overnight. Even if Haldeman and (head of research Josh) Brooks succeed, it will be years before their changes can markedly improve investment results.
Russel Kinnel
Most active managers are investing in what they think is a sure thing rather than their best speculative ideas. Nobody is out there trying to be a hero right now.
Russel Kinnel
If you thought you were the only one having a hard time finding a good small-cap fund, foreign or domestic, that was still open and not too bloated from assets, think again.
Russel Kinnel
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Based on Keywords: age-based, unappealingTranslation is the art of failure.
Umberto Eco
When producers want to know what the public wants, they graph it as curves. When they want to tell the public what to get, they say it in curves.
Marshall McLuhan
One in four children being victimized? That's about seven children in every classroom. That's a significant proportion of the population.
Wendy Craig