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Some mutual funds want you to pay for the privilege of them (or your investment adviser) taking your money to invest. It's called a load, and it works like a cover charge to get into a nightclub. Luckily, there are such things as no-load funds. As the name implies, shares of these funds are sold without a fee paid to a broker or investment advisor.
The entire amount you invest in no-load funds goes to work for your returns. On the other hand, with load funds, right off the bat you're charged commission (not to mention other fees incurred over the life of the investment). Let's say, for example, you invest $25,000 into a load fund that charges a 5% commission. This costs you $1,250 off the top, bringing your actual investment down to only $23,750.
The often-cited horse race analogy argues against investing in load funds. Here's the logic behind it: Would you place a bet on a horse that had to start a race 200 yards behind the others? Well, maybe you would if you got a tip from a sketchy, trench coat-clad man in a dark alley. However, under most circumstances, it's not smart to put your money on that handicapped horse.
But some argue that at times that man in the trench coat (aka your broker) knows more about the horses than you do, and has a better shot at picking a winner. Also, sometimes these fees are unavoidable because some funds are available only through investment advisers.
Cost-benefit analysis can help determine when a load fund is worth it (in other words, when it will score you a load) and when it is better to "do it yourself" and avoid the fees. Load-fund fees range depending on share class and can cover a variety of costs, such as paper work and fund management.
Home / Markets / Industries / Real Estate
Tuesday, May 13, 2008
Tranzeo Wireless to Equip Mexico's Largest Home Builder With Wireless Communications System
Comtex
PITT MEADOWS, BRITISH COLUMBIA, May 13, 2008 (MARKET WIRE via COMTEX News Network) ----Tranzeo Wireless Technologies Inc. (TSX: TZT), a leading producer of high-performance wireless broadband and WiMAX communication systems, will be the exclusive supplier of wireless mesh network equipment to Desarrolladora Homex (NYSE: HXM), Mexico's leading homebuilder.
Through PacificNet, a Tranzeo distributor, Tranzeo's mesh radios will be installed on more than 40 of Homex's construction sites across Mexico. The sites are located in areas with no other wireless connectivity and where wire line connectivity is not financially feasible. Through this partnership, each of Homex's 1,100 engineers will be equipped with Wi-Fi enabled PDA's linking them directly to corporate headquarters via Tranzeo's wireless mesh Wi-Fi radios.
The Tranzeo mesh system communicates with the PDA's using its 802.11b radio and communicates between devices using a dedicated 802.11a backhaul radio. Because of their mesh network topology, the Tranzeo devices automatically network themselves with other mesh radios within range and self-heal the network if a mesh node loses connectivity, so no formal configuration and maintenance is required by IT professionals once the radios are installed.
All work completed by Homex employees can be completed online from the work site, so there will be no need for engineers go back to the office from a construction site to complete paperwork, increasing productivity and saving time and money during construction.
"Tranzeo's high-performance wireless network equipment is designed to be used in situations such as this. As the exclusive wireless supplier to Homex, Tranzeo equipment is affecting positive change for Mexico's leading homebuilder, their employees, and ultimately their customers who benefit from the savings," said Tranzeo President and CEO Jim Tocher.
"To remain at the forefront of the home building industry, it is our intent to be on the leading edge of IT and software development. We believe that by installing Tranzeo's wireless infrastructure on all of our construction sites it will help lower costs and enable us to become more efficient," said Victor Lopez, Vice President IT Systems of Homex.
About Tranzeo
Tranzeo Wireless Technologies Inc. (TSX: TZT) leads the wireless broadband industry as a premier manufacturer of high-performance wireless network equipment that allows communities and businesses to communicate without boundaries.
Within its state-of-the-art automated manufacturing facility, Tranzeo designs and produces all of its equipment for quick installation, ease of use and minimal maintenance. Its three-year product warranty sets the industry standard for service. Since the company's inception in 2000, Tranzeo's optimum cost effectiveness, premium quality and responsive support have attracted a growing and devoted worldwide following of more than 2,465 dealers and 15 distributors. Tranzeo's full spectrum of point-to-point and point-to-multipoint radios, WiMAX equipment, and mesh network solutions are designed for wireless internet service providers, governments, campuses, military, carriers, enterprise customers, and systems integrators around the globe. Robust solutions and first-rate OEM capabilities have resulted in remarkable growth in sales and market presence. Headquartered in Greater Vancouver, Canada, Tranzeo Wireless can be found online at www.tranzeo.com or by telephone at 1.866.872.6936.
About Homex
Desarrolladora Homex, S.A.B. de C.V. (NYSE: HXM)(BMV: HOMEX) is a leading, vertically integrated home- development company focused on affordable entry-level and middle-income housing in Mexico. It is one of the most geographically diverse homebuilders in the country. Homex has a leading position in the top four markets in Mexico and is the largest homebuilder in Mexico, based on the number of homes sold, revenues and net income.
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, revenues, and other expectations. These statements reflect our current expectations and are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications market.
Contacts: Tranzeo Wireless Technologies Inc. Matthew Johansen Manager Investor Relations (604) 460-6002 Email: Mjohansen@tranzeo.com Website: www.tranzeo.com (W)right On Communications Julie Wright Media Contact (760) 591-0700 Email: jwright@wrightoncomm.com
SOURCE: Tranzeo Wireless Technologies Inc.
mailto:Mjohansen@tranzeo.com http://www.tranzeo.com mailto:jwright@wrightoncomm.com
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