American Mutual Funds
We have all had questions on American Mutual Funds before. Below are the top questions posed by visitors just like you to our. We hope our answers located below will help you solve your funding problems today. Feel free to ask another question, or even comment on what has been written.
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Beth Said:
Are big mutual fund firms such as Vanguard and American Funds in any trouble?We Answered:
No. Just don't expect outstanding fund returns in the short run.Geraldine Said:
American Mutual Funds --- Anyone know why "Income of America" did a X dividend?We Answered:
Call a CPA for advice on whether or not you need to contact a lawyer ASAP.Tom Said:
Can Canadians buy American mutual funds for their RRSP?We Answered:
Only if the funds are listed/registered in Canada.Best way to find out is to actually call the Fund and ask them. Generally, the answer is yes; as Canada is a lot easier to list with than the EU or the UK
Clinton Said:
Are American Century mutual funds a good investment?We Answered:
They have many great mutual funds. Their CGMFX was a very good one. And it has continued to do well. Although you shouldnt chase the market, for long term investors, its not bad. They have other good ones, too. check their siteAlexander Said:
Looking for suggestions on good diversification within American Mutual Funds?We Answered:
Since you are the type of investor who does not shepard your funds I would recomend moving your money out to Fidelity and putting it in a target fund such as the Fidelity 2030.There are thousands of no load mutual funds. American does not have a lot of the best funds.
Personally I advise people to use the fund picks from fidelity. Be in the best funds.