It’s a showdown between hedge fund managers and Warren Buffet, with Buffet claiming he can bring in greater returns, in the Standard & Poor’s Passive Fund Index, when pitted against one another. The winner will be determined towards the end of the year.
Buffet contends there’s numerous so-so and high fee funds which fail to deliver to investors and stresses the need for affordable, long-term, basic investment opportunities. Warren Buffet’s belief is investing from the ground floor up, with a thorough assessment of potential investments and creating a steadfast portfolio. A portfolio that’s proven and time tested.
It’s essential investors pay attention to the volatility of the fund that they’re investing, its track record and the management fees. Is the fund’s management more concerned about the return for you, the investor or the income generated by high management fees? Buffet instills the need to attain high returns on long-term investments.
The key to finding mutual fund winners is stable management ownership and low fees. It’s that simple. High fee funds just doom a fund, plain and simple. The bottom line, look for long time experience, stability and a mission to serve the investor.
Headquartered in Los Angeles, California, the Capital Group provides investors low fees, stability and high returns on their investments. Capital Group Chief Executive Officer and Chairman of the Board, Timothy Armour leads the organization with 35 years of financial and investment experience. Timothy Armour graduated from Middlebury College with a Bachelor of Science degree in economics.