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What I’m going to illustrate here is what it would have cost you to own a specific mutual fund last year, using the mutual fund cost calculator.

I’ve created an image (below) that you can click to enlarge. Within the image, I’ve highlighted 14 different areas that I will expand upon throughout this post.

I randomly selected a mutual fund that showed up on the results pages of the Kiplinger fund finder post from a few days ago. The name of the fund is the American Beacon Large Cap Growth Fund (ALFIX), a no load mutual fund.

Just answer a few simple questions

I then went to PersonalFund.com (btw, you have to create an account there using a valid email and password, which takes less than a minute to do) and inputed the name of the fund and a few other facts:

Continue Reading “The best mutual fund cost calculator - in action!”