Most of the money clients invest with Summit Asset Management goes into no-load mutual funds.   We use them for several reasons:

• No load mutual funds are the easiest way to access some of the best money managers in the world.     

• No load funds give us an information advantage.  We can easily compare their performance to appropriate benchmarks and other managers in the same category to understand why they perform the way they do.

• No load funds are liquid.  We can get in or out of a mutual fund in a day. 

• No load funds are cost effective.  The buying power of Summit Asset Management and Charles Schwab & Company lets us invest at the lowest institutional management fee.

No load funds are tax efficient when invested in a diversified portfolio because Summit helps manage year-end fund distributions to minimize taxes.