ETF And/Or Timer-friendly High Yield Bond Funds

#1 02-14-2004, 09:08 PM

In article <TKsXb.37934$A75.16708[at]bignews5.bellsouth.net> , Percy
Labrada <LabradaP[at]Bellsouth.net> wrote:

- quote -

> As a "knee-jerk" reaction to mutual fund scandals, many mutual fund
> companies are really clamping down on market timers. I trade exclusive high
> yield bond funds and do about 8 round trips per year. I personally don't
> feel that 8 round trips is excessive trading! I recently got booted out of
> one fund for making just 1 round trip within month.

I guess I think that the mutual funds should clamp down on trading.
Mutual funds were never intended as a trading vehicle. That is what
the stock market is for. Trading of funds causes the fund to have
to sell at awkward times and keep extra cash laying around, which
really isn't fair to the long term shareholders.

-john-

--
================================================== ==================
John A. Weeks III 952-432-2708 john[at]johnweeks.com
Newave Communications http://www.johnweeks.com
================================================== ==================

02-14-2004, 05:49 PM

"Percy Labrada" <LabradaP[at]Bellsouth.net> wrote in message
news:TKsXb.37934$A75.16708[at]bignews5.bellsouth.net...
- quote -

> As a "knee-jerk" reaction to mutual fund scandals, many mutual fund
> companies are really clamping down on market timers. I trade exclusive
high
> yield bond funds and do about 8 round trips per year. I personally don't
> feel that 8 round trips is excessive trading! I recently got booted out
of
> one fund for making just 1 round trip within month.
> Does anyone know of any timer-friendly high yield bond funds? Is there an
> ETF or a mixture of ETF's that can track closely to HY funds?
There are numerous closed end high yield bond funds both domestic and

foreign. You can trade them as often as you like. This link should be
helpful:
http://www.etfconnect.com/

PM

#-1 02-14-2004, 04:45 PM

As a "knee-jerk" reaction to mutual fund scandals, many mutual fund
companies are really clamping down on market timers. I trade exclusive high
yield bond funds and do about 8 round trips per year. I personally don't
feel that 8 round trips is excessive trading! I recently got booted out of
one fund for making just 1 round trip within month.

Does anyone know of any timer-friendly high yield bond funds? Is there an
ETF or a mixture of ETF's that can track closely to HY funds?

Similar Threads
Thread	Forum	Replies	Last Post
How to classify closed-end bond funds correctly ?, Why is manual asset allocation of mutual fund always cleared? Darren: I'm using Money 2005. I have some closed-end bond funds that are traded on the NYSE. For the purpose of correctly classifying them in my asset...	Microsoft Money	1	11-27-2004 04:27 PM
help! first timer adding a new acct margaret: help! looking for a little wisdom here-- my fiance and i are trying to combine budgets, and he's already loaded his financial info into Money. ...	Microsoft Money	1	10-02-2004 02:49 AM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode