| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
I need to transfer ALL my wifes Pebsco funds out of Nationwide
fixed Annuity before the 14th of April. Legal battle between the state
of Massachusetts and Nationwide was settle but if the funds are not out
by the 14th of April a 1% Penalty will take place.
My question is I'm looking to put the Balance of this fund at
1 of 2 places. They are..
1. Fidelity Growth Company fund
(high risk)
or
2. Wellington fund
This money we do not need to touch for the next 30 years..
Any comments?
JOhn
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 419.1 | MSBCS::HURLEY | Fri Mar 11 1994 15:16 | 11 | ||
Well I ended up putting everything into the Fidelity growth fund and
i'm happy with the 1 year return I got.
The question I have now that hopefully I'll get some input is..
What is the differance between Fidelity Growth fund and Fidelity Growth
and Income fund?
Reports say that the Growth and Income fund has an A rating during
Bear markets and the Growth has a C rating.
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| 419.2 | CPDW::ROSCH | Fri Mar 11 1994 16:00 | 16 | ||
Fidelity Growth invests primarily in equities which show appreciation
potential. Fidelity Growth & Income invests, additionally, in equities
which have dividends - hence the 'income' part of the name.
G&I funds are typically less volatile than Growth funds as the
companies which pay dividends are more mature and stable than those
companies which do not pay dividends.
You could expect Growth funds to have a higher total return than G&I
funds because of the increased risk - when times are good. You could
also expect G&I's not to fall by NAV as much as Growths during a bear
market.
Every fund has a prospectus which lists the fund's objectives, past
performance and the major investments which the funds make - eg: a list
of their top stock holdings plus debt securities (bonds)
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| 419.3 | In addition to diff between Wellington and Fido Growth ... | DABEAN::NEARY | Fri Mar 11 1994 20:08 | 2 | |
Also Growth is 3% load, G & I is 2%, and Wellington is 0%
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| 419.4 | MSBCS::HURLEY | Wed Mar 16 1994 15:34 | 2 | ||
The loads on both Fidelity Growth and the Growth and Income are waived
because she works for the state off Mass..
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