Index Funds

I'm looking for a quality, well known index fund that allows an initial
investment of 10k. Does anyone know some specific funds that fit this
description?TIA.

Re: Index Funds

"Danny" <> wrote
> I'm looking for a quality, well known index fund that allows an initial
> investment of 10k. Does anyone know some specific funds that fit this
> description?TIA.

Can you say what you mean by "quality"? Many people would say that low
expense ratio, no load index funds are inherently high quality. See the
articles below.

Also, what category of index fund are you seeking? U.S. stocks (and then
large cap or small cap or... ?) Corporate bonds? International stocks?

In the domestic stock, mostly large cap category are Vanguard's VFINX (a
very well-known fund) and Fidelity's FSMKX (a fund that is very similar in
its holdings and whose expense ratio recently dropped below VFINX's.
Fidelity also has an international stock index fund that I believe now has
the lowest expense ratio of any like international stock index fund.

For a full list of Vanguard's and Fidelity's index funds, see


, click on "browse
Fidelity funds," then click on the links under "Index Funds."

Articles that argue that low expense ratio, no load index funds are
inherently high quality:



"Reflections on the Efficient Market Hypothesis: 30 Years Later,"
by Burton G. Malkiel, available in PDF format from
(the link is at the bottom). If you're
pressed for time, just look at the tables.

Re: Index Funds

Thanks Elle, but the main part of my question was in regards to having the
ability to buy in at <$10k. Based on what I've seen so far, the ones in your
generalized list have higher entry limits. I was looking for specific fund
names that allow an initial contribution of $10k.

In regards to quality, that was in the broadest sense of the word. Vanguard
and Fidelity would fit nicely in that class. Thanks again.


"Elle" <> wrote in message
news:cEKoe.1839$
> "Danny" <> wrote
>> I'm looking for a quality, well known index fund that allows an initial
>> investment of 10k. Does anyone know some specific funds that fit this
>> description?TIA.
>
> Can you say what you mean by "quality"? Many people would say that low
> expense ratio, no load index funds are inherently high quality. See the
> articles below.
>
> Also, what category of index fund are you seeking? U.S. stocks (and then
> large cap or small cap or... ?) Corporate bonds? International stocks?
>
> In the domestic stock, mostly large cap category are Vanguard's VFINX (a
> very well-known fund) and Fidelity's FSMKX (a fund that is very similar in
> its holdings and whose expense ratio recently dropped below VFINX's.
> Fidelity also has an international stock index fund that I believe now has
> the lowest expense ratio of any like international stock index fund.
>
> For a full list of Vanguard's and Fidelity's index funds, see
>
>
> , click on "browse
> Fidelity funds," then click on the links under "Index Funds."
>
> Articles that argue that low expense ratio, no load index funds are
> inherently high quality:
>
>
>
> "Reflections on the Efficient Market Hypothesis: 30 Years Later,"
> by Burton G. Malkiel, available in PDF format from
> (the link is at the bottom). If you're
> pressed for time, just look at the tables.
>
>
>
>

Re: Index Funds

"Danny" <> wrote

> Thanks Elle, but the main part of my question was in regards to having the
> ability to buy in at <$10k.

You said, "I'm looking for a quality, well known index fund that allows an
initial
investment of 10k. Does anyone know some specific funds that fit this
description?TIA. "

So which is it? $10K or <$10K?

> Based on what I've seen so far, the ones in your generalized list have
> higher entry limits. I was looking for specific fund names that allow an
> initial contribution of $10k.
>
> In regards to quality, that was in the broadest sense of the word.
> Vanguard and Fidelity would fit nicely in that class. Thanks again.

www.vanguard.com
go see what suits you.

Re: Index Funds

"Danny" <> wrote
> Thanks Elle, but the main part of my question was in regards to having the
> ability to buy in at <$10k. Based on what I've seen so far, the ones in
your
> generalized list have higher entry limits. I was looking for specific fund
> names that allow an initial contribution of $10k.

Your first sentence says you want to buy in at less than $10k. Then your
third sentence, like your first post, says you want to start with an initial
contribution of $10k. So which is it?

Also, I don't know what your sources are, but VFINX requires an initial
minimum of $3k (less if it's an IRA). You will pay a $10 maintenance fee
every year as long as your VFINX position is less than $10k. See the
Vanguard link below I gave in my first post.

The minimum initial investment for FSMKX is exactly $10k. If your position
in FSMKX falls below $10k, then you pay the same $10 fee as Vanguard. Same
deal for FSIIX.

> In regards to quality, that was in the broadest sense of the word.
Vanguard
> and Fidelity would fit nicely in that class. Thanks again.

Hopefully the above will ultimately clarify whatever it is you're seeking...

Re: Index Funds

Or make it a more interesting by "indexing on the indexes" - believe I
may have or had an "hybrid indexed" encounter. TRP, Vanguard, Fidelity
- shouldn't be a problem, as hybrids prety much preclude other than run
of the mill, big financial names. In a hybrid bin, the idea is to make
up sort of a composite index fund from within a same-family house, from
several specialized and stated index fund offerings, into a broader
"equities" group (subsequent symbol) comprising an arbitrary multiple
of aforementioned indexes.

Danny wrote:
> Thanks Elle, but the main part of my question was in regards to having the
> ability to buy in at <$10k. Based on what I've seen so far, the ones in your
> generalized list have higher entry limits. I was looking for specific fund
> names that allow an initial contribution of $10k.
>
> In regards to quality, that was in the broadest sense of the word. Vanguard
> and Fidelity would fit nicely in that class. Thanks again.