EOS EOI ETV ETB
Personal Finance Forum Index Personal Finance
Talk about personal finance: tax, stocks, retirement, funds, and financial software.
Investing Blog
 
 FAQFAQ   MemberlistMemberlist     RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
 
Google
 
Web pftalk.com
EOS EOI ETV ETB
Goto page Previous  1, 2
 
Post new topic   Reply to topic    Personal Finance Forum Index -> Mutual Funds
Author Message
Mark Freeland
Guest





Posted: Sun Oct 23, 2005 10:43 pm    Post subject: Re: EOS EOI ETV ETB Reply with quote

I wrote:
Quote:

BEP, or if you like it leveraged, BEO. (I haven't yet found expenses,
so it is quite possible that while you'll reduce volatility, you may do
it with reduced total returns if the expenses are at all significant.)

Here are the SEC filings:
BEP (S&P Covered Call Fund)
http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001307155&action=getcompany
(all filings)
http://www.sec.gov/Archives/edgar/data/1307155/000119380505001845/e500925_ncsrs-sp500covered.txt
(semi-annual report, June 30th)
http://www.sec.gov/Archives/edgar/data/1307155/000119312505063707/d497.htm
(prospectus)

With a 1% expense ratio, it looks reasonably likely that this will
underperform S&P 500 index funds, though still with reduced volatility.

BEO (Enhanced S&P 500 Covered Call Fund)
http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001331948&action=getcompany
(all filings)
http://www.sec.gov/Archives/edgar/data/1331948/000119312505192643/d497.htm
(prospectus)

I doubt this is what you have in mind, since leveraging only increases
risk, volatility, and costs (not what you said you were looking for).
http://www.sec.gov/Archives/edgar/data/1331948/000119312505192643/d497.htm#toc58516_8

--
Mark Freeland
nNeEwTs@sonic.net

Back to top
Don
Guest





Posted: Mon Oct 24, 2005 12:01 am    Post subject: Re: EOS EOI ETV ETB Reply with quote

"Ed" <friday@fishinthe.net> wrote in message
news:11lni8qfopp4cb8@corp.supernews.com...

Quote:
I agree. I have mixed feelings about ROC. Personally, I have no interest
in it but I can see where some investors might like to get a stream of
payments that they can kind of count on.
Usually when I invest in something it isn't so that they can send my
investment back to me.

Yes, a fixed income stream is appealing, but it doesn't take great effort to
set it up yourself. For example, invest most of the capital in good dividend
paying stocks and/or mutual funds, bonds, etc., and then dip into a little
of the remaining capital each month. As a wild guess, I would bet that,
considering sales charges and management fees, this plan would yield more
income in the long run than the ROC products and more of the capital would
be left over (which a retired person's heirs would view as a happy
situation).
Back to top
 
Post new topic   Reply to topic    Personal Finance Forum Index -> Mutual Funds All times are GMT
Goto page Previous  1, 2
Page 2 of 2

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

Credit Repair - Personal Finance Directory


AddThis Feed Button
Contact Us
New Topics Powered by phpBB