Hello, 

You could do worse than the two funds he placed you in...If you are going to hold the funds for the long haul, a better way would have been to buy one of the bond funds that has a front load (e.g ASBAX) @ 2.5%, wait a month and convert to the A class shares of these funds...it works out to be cheaper over the long haul. The two funds he placed you in are decent funds...I would have preferred NEWFX over ANEFX...I like the philosophy and holdings better than ANEFX.

You did not indicate your risk tolerance...this would be helpful in determining how best to answer your questions...

Do you know the differences btw load and non load funds? Active vs Passive investing?

What is your level of understanding when it comes to investments...these questions matter a lot as the more you understanding you have, the more prepared you are to develop a strategy that would serve you well over the long haul.

As for the back end load, there is not much you can do...you FA will be paid through that period from the fees generated by the higher expense ratio...this drags you returns down a bit....usually, I believe the fees are drawn from the dividends or capital gains from the fund hence the differences in yield btw the A shares and the B shares. These two funds because of their global focus fall within the average range of similar funds in their group even with the higher expense ratio.

Like I said you could have done worse with the funds he advised you about. I own CWGIX and NEWFX by way of disclosure.

Wayne.