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/biz/ - Business & Finance


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738399 No.738399 [Reply] [Original]

What is a good rate of return for a mutual fund? My current fund delivers 7.5% (managed balanced growth), but they have another fund that delivered 9.4% over the same term (managed aggressive growth). Since I'm still an investment n00b, should I just transfer all of my money to the agressive growth fund?

>> No.738414

>>738399
>7.5%
Is that actual money being transfered to your account or just fund growing thus only virtual wealth?

>> No.738416

>>738414
Just fund growing, I guess. But all of the growth is reinvested.
I should add, if I wanted to get out, I could sell my fund and have my money the next day. I don't know if that changes anything.

>> No.738424

>>738399
Whats the MER?

>> No.738434

>>738424
Gonna be honest, not even sure what MER is. Where would I find my fund's MER?