Dave,
Let me try this again, giving you the benefit of the doubt. Sometimes here in cyberland it is easy to take things out of context. I stand behind everything I wrote.
I am guessing the pig expression is what set you off. After that, it just seems you did not read my posts carefully enough, since you infer much that I never stated.
The pig comment is well known expression and was not directed at any particular fund, fund family or person. It was just meant to mean one can try to cover up the nature of something, without changing what lies beneath.
I agree with your comments about choosing funds, show me where I stated otherwise.
Your facts are lacking somewhat in regard to 12b-1 fees, atleast to the best of my knowledge. No-load funds can not charge a 12b-1 in excess of 0.25%, although the vast majority of them charge no 12b-1 at all. (Vanguard, T-Rowe, Dodge & Cox) The 12b-1 fee funds the trail fee that goes to the advisor on record, call it what you want, but me thinks thats a load and I am sure most would agree. A-shares kick back a 0.25% trail fee where B and C kick back a 1% trail fee. You need to carefully review the prospectus, look at time periods of contingent sales loads, time to conversion and do the math for yourself. You will see they are pretty much getting the same darn load as if you bought A shares and paid up front. Do the math, didnt you ever wonder why the CDSC for B is 5% decreasing yearly to zero. Its just like annuity surrender charges, its structured all around the sales commission. People who think if they just wait it out to avoid the CDSC are just kidding themselves. When the load equivalent to A shares is finally "recouped" they convert to A shares.
Pay now or pay later.
Sorry for jumping on you in previous post, but your reply really annoyed me as you seemed to by trying to pick a fight about things I never said.
I only post here to learn, help and to share knowledge.
The very best to you.
Brian
