A lot of shareholders are more educated about expenses. That's why they've been migrating to lower-cost fundsThey understand higher expenses come out of their own pockets.
More Quotes from Scott Cooley:
Mid-cap and large-cap growth funds tend to have a lot of technology stocks and biotech stocks, and biotech stocks have really gotten pummeled too. It seems like there's been a flight from anything perceived to be risky.Scott Cooley
I think we saw a taste of what could happen in July, when a brief and moderate correction caused this fund to lose nearly 7 percent, about twice the loss suffered from the average conservatively managed large-cap fund.
Scott Cooley
I think there is an increasing recognition at Fidelity that fund size can really harm performance. If they are too big it can be pretty tough to reposition a portfolio. That is something Fidelity didn't acknowledge a few years ago.
Scott Cooley
A mentality has set in that you should never get help with your finances. But some people would benefit.
Scott Cooley
Readers Who Like This Quotation Also Like:
Based on Keywords: lower-costHuman rights commissions, as they are evolving, are an attack on our fundamental freedoms and the basic existence of a democratic society... It is in fact totalitarianism. I find this is very scary stuff.
Stephen Harper
Well, a younger woman is a type, but not necessarily a type for me. And what is a younger woman? I mean, I'm pretty old. Almost everyone is younger.
Jack Nicholson
I learned more about elections on election night 2000 than I ever did during my 16 years of schooling.
Rob Corddry