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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 / Telecom
Wednesday, May 14, 2008
AT&T Wins Award From the Department of Homeland Security for Advanced Networking Solution
Comtex
VIENNA, Va., May 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ ----AT&T Government Solutions, a business unit of AT&T Inc. (NYSE: T), has announced that it has won a $292 million award from the U.S. Department of Homeland Security (DHS).
AT&T Government Solutions, which has 4,000 employees dedicated to serving the federal government, will serve as the secondary network service provider in the Eastern region as well as for the Western region for OneNet, an advanced, next-generation network. OneNet will consolidate seven legacy Wide Area Networks (WANs) into one secure Internet Protocol (IP) network infrastructure that will facilitate the future convergence of IP and wireless while driving data sharing across all components of DHS.
The award was made via the General Services Administration Networx Universal contract, a 10-year $20 billion contract vehicle that allows AT&T Government Solutions and others to provide a full range of telecommunications and related network services to the federal government.
"The Department of Homeland Security is tasked with the critical mission of leading the unified national effort to protect our country from a wide variety of constantly changing threats," said Don Herring, senior vice president, AT&T Government Solutions. "AT&T looks forward to serving DHS as a trusted long-term transformational provider for OneNet."
AT&T currently provides a wide array of voice and data services to DHS agencies, such as the U.S. Customs and Border Protection, U.S. Immigration Customs Enforcement, Transportation Security Administration and others.
About AT&T Government Solutions
AT&T Government Solutions is a long-standing, trusted source of network-enabled solutions for the federal government, integrating unmatched network resources and IT and software engineering expertise with innovative technologies from AT&T Labs and industry-leading partners. With headquarters in Vienna, Va., AT&T Government Solutions is best known for network leadership in voice, data, video and managed services. AT&T Government Solutions is a proven solutions integrator, with expertise in areas such as education and training, enterprise resource planning and management, information assurance, knowledge management, modeling and simulation, network transformation and management and program management.
About AT&T
AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
SOURCE AT&T Inc.
http://www.att.com/
Copyright (C) 2008 PR Newswire. All rights reserved
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