The following link takes you to a good Morningstar article that describes trading funds within mutual fund supermarkets. To view it you will need to sign on to Morningstar as a member or a visitor (both are free!). Finding the Right Way to Trade Funds by Emily Hall .
If you haven't already, I recommend that you sign up for a Morningstar membership. It is full of useful information, articles and discussion groups regarding mutual funds. www.Morningstar.com
Discount Broker Comparison
The table below list some of the popular discount brokerages with Mutual fund supermarkets. There are many more. It is current as of November 22, 2002. This information is believed to be accurate but is subject to change, so check with the broker before making any decisions based on the information below. If errors or changes are seen please let me know so that I make the needed corrections.
For a more detailed guide to discount brokers link here to the American Association of Individual Investors (AAII) Guide to Discount Brokers.
| Brokerage / Link | Phone # | # of No Transaction Fee (NTF) Funds | Min NTF Holding time (days) | Short Term Redemption Fee | Transaction fees (for non NTF funds) |
| AmeriTrade | 800-669-3900 | None | None | None | $18 |
| Brown & Company | 800-822-2021 | 4,500 | None | None | $19 |
| E*trade | 800-786-2575 | 1,250 | 30 | $25 | $25 |
| Fidelity | 800-544-5555 | 1,100 | $75 | $75 | |
| Harris Direct | 800-825-5723 | 850 | 180 | $35 | $35 |
| Quick & Reilly | 800-837-7220 | 600 | 90 | 0.7%, Min $25, Max $149 | 0.7% Min $25, Max $149 |
| Charles Schwab | 866-855-6770 | 1,300 | 180 | 0.75%, Max $199 | $39, Min $39, Max$149 |
| Scottrade | 800-619-7283 | 5,000 | 90 | $17 | $17 |
| TD waterhouse | 800-934-4448 | 2,500 | 90 | 0.5%, Min $25, Max $75 | $25 |
- The "Short Term Redemption Fee" column show the fee assessed when an NTF fund is not held the minimum time specified in the previous column
- The "Transaction Fee" column shows the transaction fees for non NTF funds
Broker Notes:
Ameritrade - All funds can be traded for $18 fee (No NTF funds), I have heard complaints about of amount of time taken to close some trades and not notifying customers for days
Brown & Co. - Account holders that have: at least five years investment experience; net income of at least $40,000 per year, and a net worth of at least $50,000 can trade for as low as $5 per trade (online)
E*Trade - Contains a low % of Fund-Track funds (65 - 70%)
Fidelity - Best for those wanting to trade Fidelity Select Funds
Quick & Reilly - Will flag you if multiple trades are made in under 90 day limit and start charging you transaction fees
Fund-Track Fund Availability
The table below lists all funds within Fund-Track for 2003 (198 funds) alphabetically and where they can be found. Morningstar was used to determine the brokers, (Purchase Information tab) and it is not known how up-to-date that source information was. Note the summary lines at the top which lists the total number of Fund-Track funds available with that broker. There are still many brokers with a wide selection of mutual funds that are not listed here, and some of these will be added in the future. This information will be updated annually
Ameri- Quick & Charles Scott- TD Water-
Fund Name Symbol Trade E*Trade Fidelity Reilly Schwab Trade House
Fund Count 183 125 182 153 197 171 197
% of Total 92% 63% 92% 77% 99% 87% 99%
ABN AMRO Chicago Capital Balanced N CHTAX Yes Yes Yes Yes Yes Yes Yes
ABN AMRO Chicago Trust Grth & Income CHTIX Yes Yes Yes Yes Yes Yes Yes
ABN AMRO/Talon Mid Cap CHTTX Yes Yes Yes Yes Yes Yes Yes
ABN AMRO/Veredus Aggr Grth VERDX Yes Yes Yes Yes Yes Yes Yes
Aegis Value AVALX Yes Yes Yes Yes Yes Yes Yes
Amer Cent Small Cap Quant ASQIX Yes Yes Yes Yes Yes Yes Yes
American Century Global Growth TWGGX Yes Yes Yes Yes Yes Yes Yes
American Century Intl Bond BEGBX Yes Yes Yes Yes Yes Yes Yes
American Century Intl Growth TWIEX Yes Yes Yes Yes Yes Yes Yes
American Century Real Estate REACX Yes Yes Yes Yes Yes Yes Yes
American Century Utilities BULIX Yes Yes Yes Yes Yes Yes Yes
American Century Vista TWCVX Yes Yes Yes Yes Yes Yes Yes
American Century, Target Mat 2010 BTTNX Yes Yes Yes Yes Yes Yes Yes
American Century, Target Mat 2020 BTTTX Yes Yes Yes Yes Yes Yes Yes
American Century, Target Mat 2025 BTTRX Yes Yes Yes Yes Yes Yes Yes
Ameristock AMSTX Yes Yes Yes Yes Yes Yes Yes
Ariel Appreciation CAAPX Yes Yes Yes Yes Yes Yes Yes
Artisian International ARTIX Yes No Yes No Yes No Yes
AXA Rosenberg US Small Cap BRSCX Yes Yes Yes Yes Yes Yes Yes
AXA Rosenberg Intl Small Co. RSISX Yes Yes Yes Yes Yes Yes Yes
Babson Shadow Stock SHSTX Yes Yes Yes Yes Yes Yes Yes
Baron Growth BGRFX Yes Yes Yes Yes Yes Yes Yes
Berger Mid Cap Value BEMVX Yes Yes Yes Yes Yes Yes Yes
Bjurman All Cap Growth BACFX Yes Yes Yes Yes Yes Yes Yes
Boston Partners Large Cap Value BPLIX Yes Yes Yes Yes Yes Yes Yes
Boston Partners Small Cap Value II BPSCX Yes Yes Yes Yes Yes Yes Yes
Bridgeway Ultra-Small Tax Advant BRSIX Yes Yes Yes Yes Yes Yes Yes
Brown Capital Small Company BCSIX Yes No Yes No Yes Yes Yes
Buffalo Equity BUFEX Yes Yes Yes Yes Yes Yes Yes
Buffalo Small Cap BUFSX Yes No Yes Yes Yes Yes Yes
Buffalo USA Global BUFGX Yes No Yes Yes Yes Yes Yes
C&B Mid Cap Value CBMDX Yes Yes Yes Yes Yes Yes No
Calif Investment S&P Mid Cap SPMIX Yes No Yes No Yes Yes Yes
Century Shares Trust CENSX Yes No Yes No Yes Yes Yes
CGM Focus CGMFX Yes No No No Yes No Yes
Citizens Emerging Growth Stnd WAEGX Yes Yes Yes Yes Yes Yes Yes
Citizens Global Equity Stnd WAGEX Yes Yes Yes Yes Yes Yes Yes
Clipper CFIMX Yes No Yes No Yes No Yes
Cohen & Steers Realty CSRSX Yes No Yes Yes Yes Yes Yes
Columbia Real Estate Equity CREEX Yes Yes Yes Yes Yes Yes Yes
Columbia Strategic Value CSVFX Yes No Yes No Yes Yes Yes
CSI Equity CSIIX Yes No Yes No Yes Yes Yes
Sudder European Equity Invm MEUVX Yes No Yes Yes Yes Yes Yes
Dodge & Cox Balanced DODBX Yes No Yes Yes Yes Yes Yes
Dodge & Cox Stock DODGX Yes No Yes Yes Yes Yes Yes
Dreyfus New Leaders DNLDX Yes Yes Yes Yes Yes Yes Yes
Dreyfus Short Term Income DSTIX Yes Yes Yes Yes Yes Yes Yes
Driehaus Asia Pacific Growth DRAPX No No Yes No Yes No Yes
Driehaus International Discovery DRIDX No No Yes Yes Yes No Yes
Eclipse International Equity NINQX Yes No Yes No Yes Yes Yes
Excelsior Latin America UMEAX Yes Yes Yes Yes Yes Yes Yes
Exclesior Energy & Nat Resources UMESX Yes Yes Yes Yes Yes Yes Yes
Exclesior Value & Restructuring UMBIX Yes Yes Yes Yes Yes Yes Yes
FBR American Gas Index GASFX Yes No Yes No Yes Yes Yes
FBR Financial Services FBRFX Yes Yes Yes Yes Yes Yes Yes
FBR Small Cap Financial A FBRSX Yes Yes Yes Yes Yes Yes Yes
FBR Small Cap Value A FBRVX Yes Yes Yes Yes Yes Yes Yes Fidelity Balanced FBALX No No Yes No Yes No Yes Fidelity Diversified International FDIVX No No Yes No Yes No Yes Fidelity Dividend Growth FDGFX No No Yes No Yes No Yes Fidelity Intermediate Bond FTHRX No No Yes No Yes No Yes Flex-Funds Total Return Utilities FLRUX Yes Yes Yes Yes Yes Yes Yes FMI Common Stock FMIMX No No No Yes Yes Yes Yes FMI Focus FMIOX Yes No Yes Yes Yes Yes Yes Forum Austin Global Equity AGEQX Yes No No Yes Yes Yes Yes FPA - Crescent Institutional FPACX Yes Yes Yes Yes Yes Yes Yes Alpine Realty & Income Growth AIGYX Yes Yes Yes Yes Yes Yes Yes Gabelli Global Growth GICPX Yes Yes Yes Yes Yes Yes Yes Gabelli Gobal Telecomm GABTX Yes Yes Yes Yes Yes Yes Yes Gabelli Utilities AAA GABUX Yes No Yes Yes Yes Yes Yes Gabelli Westwd Mighty Mites Ret WEMMX Yes No Yes Yes Yes Yes Yes Gabelli Westwood Balanced AAA WEBAX Yes Yes Yes Yes Yes Yes Yes Green Century Balanced GCBLX Yes No Yes Yes Yes Yes Yes Harbor International HAINX Yes No Yes Yes Yes Yes Yes
Harris Insight Emerging Markets HEMAX Yes Yes Yes Yes Yes Yes Yes Heartland Select Value HRSVX Yes No Yes Yes Yes Yes Yes Hennessy Cornerstone Growth HFCGX Yes Yes Yes Yes Yes Yes Yes ICAP Select Security ICSLX Yes Yes No No Yes No Yes ICM Isabelle Small Cap Value IZZYX Yes Yes Yes Yes Yes Yes Yes Icon Telecom & Utilities ICTUX Yes No Yes Yes Yes Yes Yes Icon Energy ICENX Yes No Yes No Yes Yes Yes Icon Financial ICFSX Yes No Yes Yes Yes Yes Yes Icon Healthcare ICHCX Yes Yes Yes Yes Yes Yes Yes Icon Info Technology ICTEX Yes Yes Yes Yes Yes Yes Yes Investec China & Hong Kong ICHKX Yes Yes Yes Yes Yes Yes Yes Janus Balanced JABAX Yes Yes Yes Yes Yes Yes Yes Janus Core Equity JAEIX Yes Yes Yes Yes Yes Yes Yes Janus Growth & Income JAGIX Yes Yes Yes Yes Yes Yes Yes Janus Mercury JAMRX Yes Yes Yes Yes Yes Yes Yes Jensen Fund JENSX Yes No Yes No Yes Yes Yes Johnson Family Small Cap Value JFSCX No No Yes No Yes No Yes Julius Baer Intl Equity A BJBIX Yes No Yes No Yes Yes Yes Kinetics Internet WWWFX Yes Yes Yes Yes Yes Yes Yes Kinetics Medical Fund MEDRX Yes Yes Yes Yes Yes Yes Yes Linder Communications Inv LDUTX Yes Yes Yes Yes Yes Yes Yes Longleaf Partners International LLINX Yes Yes Yes Yes Yes Yes Yes Loomis Sayles Small Cap Val Return LSCRX Yes Yes Yes Yes Yes Yes Yes Managers Capital Appreciation MGCAX No No Yes Yes Yes Yes Yes Managers Emerging Markets MEMEX No No Yes Yes Yes Yes Yes Mathews Korea MAKOX Yes Yes Yes Yes Yes Yes Yes Matrix Advisors Value MAVFX Yes No Yes No Yes No Yes Matthews Asian Growth & Income MACSX Yes Yes Yes Yes Yes Yes Yes Matthews China MCHFX Yes Yes Yes Yes Yes Yes Yes Merger MERFX Yes No Yes No Yes Yes Yes Meridian Growth MERDX No No Yes No Yes No Yes Meridian Value MVALX No No Yes No Yes No Yes Montgomery Global Communications R MNGCX Yes Yes Yes Yes Yes Yes Yes Montgomery Short Duration Govt Bond MNSGX Yes Yes Yes Yes Yes Yes Yes Morgan Stan Inst Small Co Growth MSSGX No No Yes No Yes No Yes Mosaic Balanced BHBFX Yes Yes No No Yes Yes Yes Mosaic Mid Cap Growth GTSGX Yes Yes No No Yes Yes Yes Mullencamp Mid Cap Value MUHLX Yes Yes Yes Yes Yes Yes Yes Navellier Large Cap Growth NPLGX Yes Yes Yes Yes Yes Yes Yes Navellier Mid Cap Growth NPMDX Yes Yes Yes Yes Yes Yes Yes Needham Growth NEEGX Yes Yes Yes Yes Yes No Yes Northern Select Equity NOEQX Yes No Yes Yes Yes Yes Yes Northern Global Communications NOGCX Yes No Yes Yes Yes Yes Yes Oakmark Equity and Income I OAKBX Yes Yes Yes Yes Yes Yes Yes Oakmark Fund OAKMX Yes Yes Yes Yes Yes Yes Yes Parnassus Income Equity Income PRBLX Yes No Yes Yes Yes Yes Yes Pax World Balanced PAXWX Yes Yes Yes Yes Yes Yes Yes Payden Global Fixed Income PYGFX Yes Yes Yes Yes Yes Yes Yes PBHG Clipper Focus PBFOX Yes Yes Yes Yes Yes Yes Yes PBHG Large Cap 20 PLCPX Yes Yes Yes Yes Yes Yes Yes PBHG Large Cap Growth PBHLX Yes Yes Yes Yes Yes Yes Yes PBHG Large Cap Value PLCVX Yes Yes Yes Yes Yes Yes Yes PBHG Mid-Cap Value PBMCX Yes Yes Yes Yes Yes Yes Yes PBHG Small Cap Value PBSVX Yes No Yes Yes Yes Yes Yes Permanent Port Aggressive Grth PAGRX Yes No Yes No Yes No Yes Pimco RCM Biotech N DRBNX Yes Yes Yes Yes No Yes Yes Pimco RCM Europe N DRENX Yes Yes Yes Yes No Yes Yes Pimco RCM Global Health Care DGHCX Yes Yes Yes Yes No Yes Yes Polaris Global Value PGVFX Yes No No Yes Yes Yes Yes Potomac U.S./Short PSPSX Yes Yes No No Yes Yes Yes Prudent Bear BEARX Yes Yes Yes Yes Yes Yes Yes Prudent Safe Harbor PSAFX Yes Yes Yes Yes Yes Yes Yes Rerserve Small-Cap Growth R REGAX Yes Yes Yes Yes Yes Yes Yes Rice Hall James Small Cap RHJSX Yes Yes Yes Yes Yes Yes Yes Rockland Small Cap Growth RKGRX Yes Yes Yes No Yes Yes Yes Royce Low-Priced Stock RYLPX Yes Yes Yes Yes Yes Yes Yes Royce Micro Cap Innv RYOTX Yes Yes Yes Yes Yes Yes Yes Royce Opportunity RYPNX Yes Yes Yes Yes Yes Yes Yes Royce Premier RYPRX Yes Yes Yes Yes Yes Yes Yes Royce Special Equity RYSEX Yes No No Yes Yes Yes Yes Royce Technology Value RYTVX No No No No Yes Yes Yes Royce Total Return Fund RYTRX Yes Yes Yes Yes Yes Yes Yes RS Contrarian RSCOX Yes Yes Yes Yes Yes Yes Yes RS Diversified Growth RSDGX Yes Yes Yes Yes Yes Yes Yes RS Global Natural Resources RSNRX Yes Yes Yes Yes Yes Yes Yes RS Information Age RSIFX Yes Yes Yes Yes Yes Yes Yes RS Partners RSPFX Yes Yes Yes Yes Yes Yes Yes Schroder US Smaller Company SCUIX Yes No No No Yes No Yes Security Capital US Real Estate SUSIX Yes No Yes Yes Yes Yes Yes Selected American SLASX Yes Yes Yes Yes Yes Yes Yes SSgA Aggressive Equity SSAEX Yes No Yes No Yes Yes Yes SSgA Tuckerman Active REIT SSREX No Yes Yes Yes Yes Yes Yes Strong Energy SENGX Yes No Yes Yes Yes Yes Yes Strong Growth & Income SGRIX Yes Yes Yes Yes Yes Yes Yes Strong Growth 20 Inv SGRTX Yes Yes Yes Yes Yes Yes Yes T Rowe Price Europe & Med TREMX Yes No Yes Yes No Yes Yes T Rowe Price European PRESX Yes Yes Yes Yes Yes Yes Yes T Rowe Price Intl Bond RPIBX Yes Yes Yes Yes Yes Yes Yes T Rowe Price Mid Cap Growth RPMGX Yes Yes Yes Yes Yes Yes Yes T Rowe Price Mid Cap Value TRMCX Yes Yes Yes Yes Yes Yes Yes T. Rowe Price Financial Services PRISX Yes Yes Yes Yes Yes Yes Yes T. Rowe Price Health Sciences PRHSX Yes Yes Yes Yes Yes Yes Yes T. Rowe Price Japan PRJPX Yes Yes Yes Yes Yes Yes Yes T. Rowe Price Media & Telecom PRMTX Yes Yes No Yes Yes Yes Yes TCW Galileo Value Opportunities TGVNX Yes No Yes Yes Yes Yes Yes Third Avenue Value Fund TAVFX Yes Yes Yes Yes Yes Yes Yes Thompson Plumb Balanced THPBX Yes No No No Yes Yes Yes Thompson Plumb Growth THPGX Yes No No No Yes Yes Yes Transamerica Premier Balanced TBAIX Yes Yes Yes Yes Yes Yes Yes Turner Healthcare & Biotechnology THBCX Yes No Yes No Yes Yes Yes Turner Mid Cap Growth TMGFX Yes Yes Yes Yes Yes Yes Yes Tweedy Browne Global Value TBGVX Yes No Yes No Yes No Yes UAM Cambiar Opportunity CAMOX Yes Yes Yes Yes Yes Yes Yes UMB Scout Worldwide UMBWX Yes Yes Yes No Yes No Yes Value Line Income VALIX Yes Yes Yes Yes Yes Yes Yes Value Line Special Situations VALSX Yes Yes Yes Yes Yes Yes Yes Vanguard Emerging markets VEIEX Yes No No No Yes Yes Yes Vanguard Energy VGENX Yes No Yes No Yes Yes Yes Vanguard European Stock VEURX Yes Yes No Yes Yes Yes Yes Vanguard Short Term Bond Index VBISX Yes No Yes No Yes Yes Yes Vanguard Utilities Income VGSUX Yes No Yes Yes Yes Yes Yes Vanguard Wellington VWELX Yes Yes Yes Yes Yes Yes Yes Vontobel US Value VUSVX Yes Yes Yes Yes Yes Yes Yes Wasatch Global Technology WAGTX Yes No Yes Yes Yes Yes Yes Wasatch Small Cap Value WMCVX Yes No Yes Yes Yes Yes Yes Weitz Partners Value WPVLX Yes No Yes No Yes No Yes Weitz Value WVALX Yes No Yes No Yes No Yes Westport Fund WPFRX Yes Yes Yes No Yes Yes Yes White Oak Growth Stock WOGSX Yes No Yes Yes No No Yes Whitehall Growth WHGFX Yes No Yes No Yes Yes Yes William Blair International Growth N WBIGX Yes No Yes Yes Yes Yes Yes William Blair Small Cap Growth N WBSNX Yes No Yes Yes Yes Yes Yes Yacktman YACKX Yes Yes Yes Yes Yes Yes Yes Yacktman Focused YAFFX Yes Yes Yes Yes Yes Yes Yes Back to Top