June 16, 2008
Online forex currency trading – These, too, have high sales charges for the most part, but there are about 25 or so with no such charge.
Examples are Scudder, Stevens & Clark Common, deVegh Investing Co.,and Energy Fund. These have no salesmen, and are sold only through the mail. Complete details on those with a sales load can be obtained from most brokerage houses and mutual fund marketing organizations. One way to accomplish somewhat the same end as buying a mutual fund and yet reduce the sales charge is to buy shares of closed-end investment companies listed on the Stock Exchange. Among these are Lehman Corp.
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