Investor Place
logo
Register for our FREE Investment Newsletter, Investors Insights, Today!
First Name
Last Name
Email Address

Meet the Expert

Richard Band

Some say this "thrifty Yankee" is simply clairvoyant. Back in 1982, Richard Band was one of the few who foresaw the rebirth of Chrysler:
"Chrysler is going to survive to fight another day...pick up a few shares of this common stock."
Within 12 months, Chrysler soared a historical 426%!
With a doubt, Richard is the newsletter world's #1 authority on low-risk growth investing. His flagship Total Return Portfolio has more than quadrupled in value since its inception more than 18 years ago, while taking far less risk that the popular stocks market index funds of the time.

More about this Expert

Mutual Fund Investing

Mutual Fund Black List: Sell These Duds Now

April 15, 2008

By Richard Band, Editor, Profitable Investing

Print this page

The following are 16 mutual funds with consistently poor records.

Some (asterisk next to them) also sock you for high ongoing expenses. Yet every name in the group still boasts more than $100 million of assets—an amazing testimony to investor inertia.

Cut these clunkers loose now:

  1. AIM Basic Value
  2. AIM Select Equity*
  3. AllianceBernstein U.S. Gov’t
  4. Alpine U.S. Real Estate
  5. American Funds New World
  6. Calvert Social Investment—Balanced*
  7. Credit Suisse Large Cap Growth
  8. Dreyfus Emerging Leaders
  9. DWS Europe Equity
  10. Federated American Lenders
  11. Gabelli ABC
  12. Mellon Int’l
  13. Neuberger Berman International
  14. Pacific Capital Growth & Income
  15. Putnam Capital Appreciation*
  16. Senbanc

* Expense ration above average for fund’s category

Join Profitable Investing today, and discover how easy it can be to buy the right stocks and organize them into a powerful income-producing portfolio. Accept a risk-free trial subscription and see for yourself how well Profitable Investing works for you. If you don’t agree that it helps make your investing better, we’ll promptly refund every penny you’ve paid. To learn more about this special offer—plus how to save 50%—click here now.

At InvestorPlace.com, you’ll find all of the timely insight and advice you need to make this year a profitable one—regardless of what happens in the market.  Find out which stocks you should be grabbing onto with both hands in our Hot Stocks Section. Which duds should you avoid—check out our Stocks to Sell page. And that’s not all—we have something to offer every type of investor. To see our complete list of topics, click here now.