Mutual Funds Advice
Listen to this customer asking advice on mutual funds. Try to listen to the dialogue at least once without reading the text. If you have troubles understanding, or to check your understanding Click on ‘Show Dialogue Text’ to read along with recorded selection.
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Good morning. My name is Kevin Jacobs. How can I help you today?
Good morning. I’d like some advice on mutual funds.
Certainly, I’d be happy to help you out. First of all, do you currently own any mutual funds?
Yes, I have holdings in three funds.
How have they been performing for you?
Well, they’ve performed well compared to the rest of the market. I’m up 7.4% overall year-over-year.
In this market, I’d say you’re doing quite well!
Yes, I’m happy with my current holdings. I’ve been thinking about investing some in index funds.
Is there any specific reason for that?
Well, the market’s down overall and I’m feeling rather bullish.
Let me ask you a question: How diversified are your current mutual fund holdings?
Not very. The funds I hold are mostly domestic.
Would you be willing to take some no-load international funds into consideration?
That’s why I’m here. I’d looking for options.