- Dfd leverage no load mutual funds can be a good choice for some investors, but they are not right for everyone.
- No load mutual funds have much lower costs, because the investor does all of the research and fund comparisons.
- The best no load funds are those which meet the goals and strategies, as well as the acceptable risks, of the individual investor.
There are a number of dfd leverage no load mutual funds that can be found, and for some investors these can be the best no load funds possible. One of these is the Direxion NASDAQ-100 Bull 2.5X Inv Fund, which trades under the ticker symbol DXQLX. This fund is only a one star quality concerning the Morningstar rating, but this does not mean it is not a good investment for some individuals. This specific dfd leverage fund has net assets valued at more than twenty one million dollars, and a year to date return that is quite large at forty six point nine one percent. The yield is small though, at only point zero six percent. This is one of the dfd leverage no load mutual funds offered by Direxion Funds. It was started in 2006, and is currently managed by Paul Brigandi. A twenty five thousand dollar initial minimum investment is required, which may exclude some investor because it is a larger amount. The total expense ratio is one point nine eight percent, and the fund does have a 12b-1 marketing fee that is point two five percent. This is just one of the many dfd leverage no load mutual funds to choose from.
Another dfd leverage fund to include in any fund comparisons is the Rydex S&P 500 2x Strategy H Fund, which uses the ticker RYTNX for trading. This specific choice specializes in leveraged derivative instruments. These can include futures contracts, equity index swaps, stock indices, and securities options. It is offered by the Rydex fund family, and it is rated with only one star. The fund net assets are eighty seven point two four million dollars, and it was started in the year 2000. The year to date for this dfd leverage fund is very poor, and a negative point six percent, but the yield is a positive point five percent. The total expense ratio charged with this fund shows why most investors do not consider this one of the best no load funds, because it is somewhat high at one point seven three percent. There is also a 12b-1 marketing fee with this option, and it is point two five percent, which is the highest a fund can charge and still claim to be one of the no load mutual funds. For most investors this fund is better avoided, rather than investing into it.
No load mutual funds, whether they deal with dfd leverage or another sector, offer many benefits. These options do not involve load fees, which are charged as a percentage of the amount invested. These fees can be as high as seven or eight percent, and this can really add up, especially with a fund that has a high initial minimum investment amount. Instead no load mutual funds will leave that money working for the investor, instead of being used for expensive and unnecessary investing fees. Even the best no load funds do not offer investment advice, ut this can also be an advantage because there are no worries about conflicts either. The investor locates, researches, and compares dfd leverage no load funds with no professional help, and in return the overpriced load fees and any conflicts between the financial interests of the broker and investor are eliminated. Look for any 12b-1 marketing fees, and try to avoid funds which charge these additional costs. Sometimes these marketing charges can include hidden load fees which are paid to brokers who help market the fund. The best way to avoid this situation is to avoid any no load mutual funds which charge a 12b-1 marketing fee.
