Is Aivsx a good investment?
Is Aivsx a good investment?
Overall, American Funds Investor Company of America A ( AIVSX ) has a low Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, American Funds Investor Company of America A ( AIVSX ) looks like a somewhat weak choice for investors right now.
Does fidelity charge fees?
$0.00 commission applies to online U.S. equity trades, exchange-traded funds (ETFs), and options (+ $0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal).
What type of fund is Aivsx?
The American Funds’ Investment Company of America (AIVSX) is a large-blend stock fund. It seeks to provide a combination of growth and income to investors. The AIVSX ticker symbol denotes the fund’s Class A shares, which have a maximum front-end load of 5.75%.
How much is a 12b1 fee?
What Is a 12B-1 Fee? A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. The 12b-1 fee is considered to be an operational expense and, as such, is included in a fund’s expense ratio. It is generally between 0.25% and 0.75% (the maximum allowed) of a fund’s net assets.
Who owns American funds?
Capital Group Companies
American Funds/Parent organizations
Who owns American mutual funds?
Capital Group
The American Funds is a division of privately-owned Capital Group, which was founded in 1931. Based in Los Angeles, Capital Group is among the largest asset management firms in the U.S., with over $1.8 trillion in assets under management (AUM).
How are 12b1 fees calculated?
Mutual Fund Company Calculations Mutual fund companies base the 12B-1 fee calculations on the fund’s average annual net assets. To calculate the net assets of a mutual fund, subtract the fund’s current liabilities from the market value of its holdings.
Who pays 12b-1 fees?
salespeople
12b-1 fees are paid to the salespeople who distribute mutual funds and are paid from the fund’s assets.
Is my money safe at Fidelity?
Yes, the cash balance in the Fidelity® Cash Management Account is swept into an FDIC-insured interest-bearing account at one or more program banks. The deposit at the banks is eligible for FDIC insurance and subject to FDIC insurance coverage limits.
Why does aivsx have a low Morningstar rating?
A high rating alone is not sufficient basis upon which to make an investment decision. This fund scores Below Average because it delivered returns that were in the bottom 22.5% when compared to other funds within its Morningstar category. How is it calculated?
What kind of stocks does aivsx invest in?
The fund invests primarily in common stocks, most of which have a history of paying dividends. It may invest up to 15% of its assets, at the time of purchase, in securities of issuers domiciled outside the United States.
When did aivsx start as an equity analyst?
Earlier in his career at Capital, as an equity investment analyst, he covered U.S. telecommunication services, autos, and auto parts & equipment companies. He began his career as a participant in The Associates Program, a two-year series of work assignments in various areas of the Capital organization.
Where did Martin Martin of aivsx go to college?
He was also a research analyst at the Wharton Center for Applied Research, Inc. Martin holds an MBA in finance from the Wharton School of the University of Pennsylvania and a bachelor’s degree in industrial and systems engineering from the University of Southern California.
Is Aivsx a good investment? Overall, American Funds Investor Company of America A ( AIVSX ) has a low Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, American Funds Investor Company of America A ( AIVSX ) looks like a somewhat weak choice for investors…