Why I hate Mutual Funds Part 4: LESS THAN FULL DISCLOSURE

Mutual funds lack transparency. Fund management teams and investment strategies can change overnight and without notification to shareholders. It’s a peculiar aspect of mutual funds that they’re required to account for their activities and their holdings just once a quarter. Even then, investors see only a snapshot of a fund’s portfolio. which can change literally the day after the report. An investor may think a fund is doing one thing, as articulated in the quarterly…

The Retirement Guys