growth fund.
There are a number of websites that have mutual fund search engines - Morningstar.com being one.
Why would you mirror an existing fund instead of just buying it directly?
While it has some decent returns, it isn't doing well this year. It also caries a high expense ratio of 1.02%. Stick with an index based mutual fund, such as, Fidelity Spartan 500 Index Fund (FUSEX), which carries an expense ratio of 0.10%.
Because the fund is closed to new investors. And I have VTI which charges .05, in case you were looking for a better deal.
I know there are some mutual funds out there that mirror star funds. I could not find one that mirrored SEQUX, which is surprising considering it is one of the best funds of all time. Why do more investors not do this?
