Equity Mutual Funds & Exchange - Traded Funds (ETFs)

Richard C. Young & Co., Ltd. purchases low-cost, no-load, and no 12b-1-fee funds, as well as exchange-traded funds. Depending on the investment environment, these funds provide exposure to domestic, international, real estate, natural resource, and distressed or deep value securities.

We construct diversified equity fund portfolios from approved fund families, including American Century, Dodge & Cox, Fidelity, Mutual Series, Third Avenue, T. Rowe Price, and Vanguard.

For additional diversification, we also invest in low-cost exchange-traded funds (ETFs). Like traditional mutual funds, ETFs hold baskets of securities and other investments. Unlike a traditional mutual fund, an ETF can be bought and sold throughout the day. Traditional mutual funds get priced once a day.

ETFs also tend to be tax-efficient: they don't have to sell shares and pay out capital-gains distributions when investors want to withdraw money.

John Bogle, The Dean of Mutual Fund Investing

"No matter how many cautions are expressed about picking mutual funds simply on the basis of their past performance, most investors still do exactly that. It seems so easy. Yet the record is crystal clear that past performance success is rarely the precursor of future success."