I want to know if this is a good mutual fund (IDSGX) I'm thinking of buying but not sure?

Question

I use sharebuilders and I own EEB PMNA etfs and want to add some American stocks to my portfolio that mutual fund. Sharebuilders have limited mutual funds so I just picked that one. Thanks

Answer 1

I don't know what "sharebuilders" is, but this is not a great fund.  It has been around for less than two years, and has very high expenses (1.25% management fee AND 0.25% 12b-1 fee), which will drag on your returns.  Plus, it doesn't sound like you're very interested in bonds (this fund has 15% invested in bonds).

Do you have to go through sharebuilders?

If possible, take a look at fund families like Vanguard, T. Rowe Price, or Fidelity.  All have funds with similar objectives, and MUCH lower expenses.  For this asset class (large company, blended growth and value), I would stick with an S&P 500 index fund.  Vanguard has one (VFINX) with a total expense ratio of 0.15%.

I hope that helps.  Good luck!