Don Phillips
Don Phillips
either talking
In either case, you're talking about a very low-cost investment, which should be very attractive.
amount collective cost focus foremost huge impact investors recognize
Investors may not focus first and foremost on cost, but they recognize the impact of cost more. It's a huge amount when you think about the collective savings.
assets funds investors putting
Investors are favoring lower-cost funds and are putting more assets into them.
asset goal growth restrict smaller
If your goal is to restrict the asset growth of Magellan to keep it a smaller and more nimble fund, this isn't going to do it.
capital component created focused generating help income investors leaders overlooked potential prolonged retirement total understand
Generating income is an important, yet often overlooked component of total return. After a prolonged infatuation with capital appreciation, investors, especially those nearing retirement, are now more focused on income-producing investments. We created the Morningstar Dividend Leaders Index to help investors better understand the income potential of equities.
balance basic beyond effect ending happen reserves year
It may effect our ending balance at the end of the year but we don't know yet. That's why you have reserves beyond the basic minimum. ... for when things happen like this,
education feeling
There's a real feeling of recognition that there's an education that has to go on with investors.
fund generate industry managers needs star
The fund industry needs heroes. You need star managers to generate interest.
ability fund industry meaningful produce stream
The fund industry has sabotaged its ability to produce a meaningful tax-advantaged dividend stream to investors,
discipline investment start
You want to start a discipline. Get with the program. See what it's like to be in the investment markets.
ability access behind classes college community driver kids main type
The main driver behind this type of partnership would be the ability to give our kids access to community college classes on their back doorstep.
costs help increase offset provide
It costs us more to provide transportation than what we get back, ... (But the increase in fees) will help us offset that cost.